In this courtroom sketch, FTX founder Sam Bankman-Fried, background center, is cross examined while Judge Lewis Kaplan listens, background second left, in Manhattan federal court, Monday, Oct. 30, 2023, in New York. (Elizabeth Williams via AP) When Investors Rush In: The Close of Sam Bankman-Fried's Criminal Case Signals More Lawsuits Against Private Equity Firms to Recoup Losses
The authors expect a wave of lawsuits against private equity firms by investors in the wake of private actions brought against the collapsed crypto platform FTX.
February 20, 2024 at 10:00 AM
7 minute read
Private equity funds continue to bear the collateral consequences of FTX's sudden collapse last November. The fallout from the collapse initially catalyzed regulatory scrutiny throughout federal and state agencies, principally from the Securities and Exchange Commission (SEC).
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