Hedge Fund Amaranth Advisors Settles Class Action Lawsuit Over Alleged Market Manipulation.
A class action settlement has been reached in a class action lawsuit against Amaranth Advisors LLC (“Amaranth Advisors” or “Defendant”) pending in the United States District Court for the Southern District of New York in Manhattan before Judge Shira A. Scheindlinin (styled In Re Amaranth Natural Gas Commodities Litigation, Class Action Case No. 07-06377), and alleging, among other things, that hedge fund Amaranth Advisors engaged in market manipulation, according to an Amaranth Advisors Natural Gas Commodities class action lawsuit settlement news report.
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