McBeth v. Porges
District Court, S.D. New York
1Opinion of the Court
*221OPINION AND ORDER
JESSE M. FURMAN, United States District Judge
Approximately five years ago, Plaintiff Donald F. McBeth invested $5 million in a hedge fund called Spectra Opportunities Fund LLC (the “Spectra Fund” or “Fund”). Within ten months, the Fund had lost all of its assets — including McBeth’s entire investment. Crying foul, McBeth now brings claims against two entities associated with the Spectra Fund — namely, Spectra Financial Group LLC (“Spectra Financial”) and Spectra Investment Group LLC (“Spectra Investment”) — and the principal and 'Chief Executive Officer of those entities,…
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