Tradex Global Master Fund

Prominent Cayman Islands based businessman Naul Bodden has agreed to pay US$3.3 million to settle his liabilities to a fund group he controlled whose investors were defrauded out of US$19 million, including two banks licensed in Barbados and two hedge

Two offshore service providers in the Cayman Islands are defendants in a class action complaint that has been filed at federal court in Miami on behalf of investors in a Cayman domiciled hedge fund. The complaint was filed at the

Bermuda based fund administrator Meridian Fund Services and accounting firm Ernst & Young (Bermuda) are among the defendants in a civil complaint filed by a British Virgin Islands domiciled hedge fund that claims to have lost $2 million in a

Ernst & Young's operations in the Cayman Islands and the Bahamas are among the defendants in a class action complaint filed on behalf of investors in an offshore hedge fund whose money ended up in Bernard Madoff's fraudulent scheme. Other

A second civil complaint in less than three months has been filed against Cayman Islands based auditor McGladrey & Pullen regarding a failed offshore hedge fund.The latest complaint is a class action that was filed at the U. S. District

Two offshore hedge funds domiciled in the British Virgin Islands have accused an offshore hedge fund domiciled in the Cayman Islands and related parties of committing a $2.75 million securities fraud. Details are contained in a civil complaint that was