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BULLMORE v. BANC OF AMERICA SECURITIES LLC

No. 05 Civ. 10206(LAK).

485 F.Supp.2d 464 (2007)

Theo BULLMORE, et ano., etc., Plaintiffs, v. BANC OF AMERICA SECURITIES LLC, et al., Defendants.

United States District Court, S.D. New York.

April 27, 2007.

Attorney(s) appearing for the Case

Scott M. Berman, Robert S. Loigman, Heather J. Windt, Lee D. Vartan, Friedman Kaplan Seiler & Adelman LLP, New York City, for Plaintiffs.

Steven Wolowitz, Henninger S. Bullock, Andrew J. Calica, Mayer Brown Rowe & Maw LLP, New York City, for Defendant.

MEMORANDUM OPINION

KAPLAN, District Judge.

Liquidators of two hedge funds — Bristol Fund, Ltd. ("Bristol") and Beacon Hill Master, Ltd. (the "Master Fund") — sue Banc of America Securities, LLC ("BAS") on behalf of the funds for aiding and abetting a fraudulent scheme allegedly committed by the funds' investment manager, Beacon Hill Asset Management, LLC, and its principals (collectively, "Beacon Hill"). They seek to recover (1) management...

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