Cases & Deals

HBK Investments defends against CDO litigation filed by one of nation's 20 largest banks

Client(s) HBK Investments, LLC

Jones Day represented HBK Investments, LLC, a Dallas-based hedge fund, and its general partners in a CDO litigation filed by one of the nation's 20 largest banks, which alleged fraud, breach of fiduciary duties, and violation of New York's consumer protection statute in connection with the bank's investment in Notes issued by Gemstone CDO VII, a hybrid CDO.