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SCHWARZ v. THINKSTRATEGY CAPITAL MANAGEMENT LLC

No. 09 Civ. 9346(LAK).

797 F.Supp.2d 439 (2011)

Benjamin SCHWARZ, et al., Plaintiffs, v. THINKSTRATEGY CAPITAL MANAGEMENT LLC, et al., Defendants.

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

July 14, 2011.

Attorney(s) appearing for the Case

JaneAnne Murray, Law Offices of Jane Anne Murray, Jason Louis Solotaroff, Giskan, Solotaroff & Anderson, LLP, Kevin G. Faley, Morris Duffy Alonso & Faley, New York, NY, for Plaintiffs.

Vivian Drohan, Drohan & Lee LLP, New York, NY, for Defendants.

MEMORANDUM AND ORDER

LEWIS A. KAPLAN, District Judge.

Individual investors Benjamin, Christina, and Daniel Schwarz, bring this suit against ThinkStrategy Capital Management, LLC ("ThinkStrategy"), a "fund of funds" in which they invested, and Chetan Kapur, ThinkStrategy's managing director, for losses they allegedly incurred when certain funds in which ThinkStrategy had invested—specifically, the Valhalla and Victory Funds administered by Arthur Nadel...

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