Baupost Group is Being Investigated Over its Mega-Quarry Investment

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Published on Friday, 30 November 2012 16:34

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Baupost Group, the Parent Company of The Highlands Company, is Under Investigation

Zamansky & Associates is currently investigating the Baupost Group LLC (“Baupost”) hedge funds over its investment in the Highlands’ “mega-quarry” in Ontario, Canada.   Baupost is the based in Boston, MA, hedge fund group with reported assets under management of $22 billion.  Founded by Seth Klarman in 1982, Baupost has a successful record at “value investing”..............

Zamansky’s investigation concerns whether Baupost’s stake and/or activities associated with the “mega-quarry” breached duties owed to investors.  In particular, Zamansky is investigating whether such a venture capital development as the mega-quarry investment was authorized for the value-oriented Baupost funds, and whether the risks were sufficiently disclosed.

Read more.

Posted on the website of Zamansky and Associates, November 2012

http://www.zamansky.com/cases/zamansky-associates-investigates-baupost-group-llc-funds-over-its-mega-quarry-investment.html

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