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ALKI PARTNERS, LP v. DB FUND SERVICES, LLC

No. D068063.

4 Cal.App.5th 574 (2016)

ALKI PARTNERS, LP, et al., Plaintiffs and Appellants, v. DB FUND SERVICES, LLC, et al., Defendants and Respondents.

Court of Appeals of California, Fourth District, Division One.

October 24, 2016.

Attorney(s) appearing for the Case

James A. Shalvoy for Plaintiffs and Appellants.

Pillsbury Winthrop Shaw Pittman , Richard M. Segal , Nathaniel R. Smith , Kirke M. Hasson and G. Allen Brandt for Defendants and Respondents.

OPINION

After allegedly losing millions of dollars in a hedge fund, investors sued the fund's administrator for breach of contract, alleging the administrator failed to (1) value the hedge fund's assets, (2) advise investors of the hedge fund's net asset value, and (3) respond to investor inquiries about the fund. The...

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