Portus Asset Management

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Jurisdictions

Allegations

Insider Talking: May 5, 2006

A United States court has ordered former insiders of British Virgin Islands incorporated Evergreen Security Ltd. to repay $10.4 million that they received in fraudulent transfers from the unregistered offshore mutual fund before it collapsed in 2001. In a judgment

Canada would not tolerate LOM behavior, says securities attorney

If a Canadian stock broker had provided the same type of allegedly sham services to the collapsed Canada based Portus Group of hedge funds as those provided by the Cayman Islands operation of Bermuda based investment firm Lines Overseas Management