Prosiris Capital Management

Swiss-based investor Karin Reza, who claims she is unable to redeem over $2.3 million in investment funds operated by New York-based fund manager Reza Ali and suspects fraud, has applied to take discovery from Ali, his Prosiris group, and JPMorgan at federal court in the United States for a contemplated lawsuit in the Cayman Islands, where the funds are domiciled.

Application by Karin Ingrid Reza to take discovery from JPMorgan Chase & Co., J.P. Morgan Chase N.A., J.P. Morgan Securities LLC, as successor to J.P. Morgan Clearing Corp.; Prosiris GP LLC, Prosiris Capital Management LP, and Reza Ali "for use in contemplated Cayman Islands court proceedings" for "recoupment of an investment or for investment–related fraud", filed at the U.S. District Court for the Southern District of New York.