ROBECO-SAGE CAPITAL, L.P. v. CITIGROUP ALTERNATIVE INVS. LLC.

No. 600121/08.

2009 NY Slip Op 31751 (U)

ROBECO-SAGE CAPITAL, L.P., ROBECO-SAGE CAPITAL INTERNATIONAL, LTD., ROBECO-SAGE CAPITAL INTERNATIONAL II LTD., ROBECO-SAGE TRITON FUND, L.L.C., RIVER ROAD FUND, LTD., ROBECO-SAGE MULTI STRATEGY FUND, L.L.C., and OLD FIELD FUND, L.L.C., Plaintiffs, v. CITIGROUP ALTERNATIVE INVESTMENTS LLC, CORPORATE SPECIAL OPPORTUNITIES LTD., CSO PARTNERS LTD., CSO LTD., CSO LTD., CSO US LTD., JOHN HAVENS, and JOHN PICKET, Defendants.

Supreme Court, New York County.

July 28, 2009.


CHARLES E. RAMOS, Judge.

Motion sequences numbers 002, 003 and 004 are consolidated for disposition.

This action is brought by institutional investors in hedge funds for misrepresentations that allegedly induced plaintiffs not to redeem their shares when they were contemplating it.

In motion sequence 002, defendants Citigroup Alternative Investments LLC (CAI) and CSO Partners Ltd. (CPL) (together, CAI Defendants) moves to dismiss the complaint for...

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