Kevin Larson

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BVI firm sues Cayman fund for $1.5 m

A British Virgin Islands company that is managed by a Bermuda entity is seeking damages of at least $1.5 million from a Cayman Islands fund and related parties for alleged fraud and securities violations. Details are contained in a civil complaint that was filed at the U. S. District Court for the Southern District of New York on January 23, 2007.