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Jason_Ader
Rimu Capital Accuses Adviser of Fraud, Self-Dealing $25 Million Rimu Capital Ltd. accused an investment adviser of fraud and self-dealing using a plan that involved a proposed SPAC merger with a Philippine resort and casino. 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. Read More:-https://news.bloomberglaw.com/securities-law/rimu-capital-accuses-adviser-of-fraud-self-dealing-25-million
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