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Lancer investment partnership files for bankruptcy, pop star among creditors

American pop star Britney Spears and jailed former Sotheby’s Chairman Alfred Taubman are among investors in the Lancer Offshore Fund Group, which has collapsed amid suspicions of securities fraud.They were among 110 “Equity Security Holders” listed by one of the group’s investment partnerships, Lancer Partners, when it filed for Chapter 11 bankruptcy protection in Connecticut on April 16, 2003.