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The e-mail arrived in clients' inboxes shortly after the market opened on Tuesday: "LJM strategies have suffered significant losses." LJM Partners, a Chicago-based hedge fund with about half a billion ...

(Reuters) - A Chicago-based fund manager that took risky bets on stock-market swings is shutting its doors after the strategy failed during the slump in U.S. equity markets in early February, ...

LJM and several affiliates (collectively, “LJM”) bring counterclaims for breach of contract (Count I), breach of implied covenant of good faith and fair dealing (Count II), breach of fiduciary duty ...

Mutual fund manager LJM Partners was riding high in June when it won a big accolade: In front of 200 peers at the Four Seasons Hotel in Chicago, a top LJM executive accepted a Pinnacle Award, one of ...

One of the largest wealth managers must pay restitution and a fine after selling $18 million worth of investments in a risky alternative mutual fund that went bust. Processing Content A registered ...

(Reuters) - A Chicago-based fund manager that took risky bets on stock-market swings is shutting its doors after the strategy failed during the slump in U.S. equity markets in early February, ...