NJ Jury Exonerates Hedge Fund Manager Adam Sender and Andrew Heller in Trial Brought by Fairfax Financial; Judge Vacates Punitive Damages Award and Issues Final Ruling
Retrieved on:
Wednesday, April 3, 2019
NEW YORK, April 3, 2019 /PRNewswire/ --A New Jersey jury ruled in favor of hedge fund manager Adam Sender and executive Andrew Heller in a lawsuit brought in 2006 by Fairfax Financial Holdingsagainst multiple defendants, including S.A.C.
Key Points:
- NEW YORK, April 3, 2019 /PRNewswire/ --A New Jersey jury ruled in favor of hedge fund manager Adam Sender and executive Andrew Heller in a lawsuit brought in 2006 by Fairfax Financial Holdingsagainst multiple defendants, including S.A.C.
- Capital, Third Point, Kynikos, and Morgan Keegan.
- The jury found that former Exis Capital CEO/CIO Adam Sender and COO Andrew Heller did not commit commercial disparagement or engage in a civil conspiracy against Fairfax.
- In 2016, Mr. Sender opened Sender Company & Partners (SC&P), a hedge fund based in New York.