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Attorney Cortney Shegerian Comments On Ex-Sequoia Partner Mike Goguen Ouster
Attorney Cortney Shegerian, of the Los Angeles-based employment discrimination firm Shegerian & Associates, has released comments on the recent termination of ex-partner Mike Goguen at Sequoia Capital, a well-known Silicon Valley venture capital firm. The termination came just after reports surfaced of a $40 million settlement and subsequent breach of contract suit launched against Goguen from an alleged female sex slave. Full investment news article
Exclusive: Hedge Fund Luxor Capital Alters Terms Of Withdrawal Plan
Instead of returning all exiting clients' assets in cash, investors will receive 88 percent of their money back while 12 percent of the investments will be held in a so-called special purpose vehicle, Luxor's founder, Christian Leone, wrote in a letter seen by Reuters. The announcement comes before a critical March 31 redemption deadline and aims to treat all investors "fairly," the letter said. "For those investors in the Fund that have submitted withdrawal requests for March 31, 2016 and ... Full investment news article