Rimu Capital Accuses Adviser of Fraud, Self-Dealing $25 Million
Jason-ader23 Oct, 2024Business
Jason Ader and his companies, SpringOwl Asset Management LLC and SpringOwl Associates LLC, fraudulently induced Rimu to invest $25 million in a special purpose acquisition company that he didn’t disclose his interest in, according to a complaint filed Thursday in the US District Court for the Southern District of New York.
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