Touradji Capital Sued by Amaranth

September 28th, 2009
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Amaranth Advisors, the now defunct hedge fund that collapsed in 2006 after losing more than $6 billion on natural gas futures, is suing Touradji Capital and its founder Paul Touradji, claiming breach of contract and misuse of trading strategies, according to New York Times’ Deal Book.

The suit centers on the base-metals portfolio Touradji purchased from Amaranth as Amaranth was winding down in 2006. Amaranth alleges that Touradji committed fraud by misappropriating trade secrets in order to unjustly profit.
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For Detailed Investor Profiles on these Investors, click below:
Touradji Capital Management
Amaranth Advisors*
Related People: Brian Hunter*; Gil Caffray; Manos Vourkoutiotis*; Nicholas Maounis*; Paul Touradji; Sang Lee
Related Entities: Amaranth Global Equities LLC*; Amaranth Global Securities Inc*; Amaranth International LLC; Amaranth LLC*; Paloma Securities LLC*:; Amaranth Capital Partners LLC*; Catequil Asset Management*; Tiger Management; Touradji Capital; Touradji DeepRock Master; Touradji Global Resources Fund
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News


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