John Pileggi

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Jurisdictions

PlusFunds sues Bermuda Stock Exchange

Plans by the Bermuda Stock Exchange and a New York-based partner to develop a facility for the secondary market trading in the shares of hedge funds have ended in litigation.PlusFunds Ltd. filed two civil lawsuits at Bermuda Supreme Court on June 8, 2001, one against the BSX itself and another against a joint venture firm called BSX-PlusFunds Group Ltd.