Copper River Management, David Rocker, Marc Cohodes, hedge fund, liquidation, short seller, short sellingCopper River Management, the fund founded by legendary short seller David Rocker and which is currently run by his former Rocker Partners co-manager Marc Cohodes, is liquidating with remaining funds being returned to investors.  The fund was said to have been down over 50% In the market turmoil over the past couple of months with results exacerbated by the SEC imposed short selling restrictions as well as its inability to unwind derivatives where Lehman was the counterparty….

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Similar to the Biovail lawsuit filed in March of this year, another Canadian company has filed suit against a group of large hedge funds alleging stock manpulation:

In its statement of claim, Toronto-based Fairfax said the "massive, illegal and continuing" scheme has resulted in "immense ill-gotten profits" for S.A.C. Capital, Exis Capital, Lone Pine Capital, Third Point, Rocker Partners, Trinity Capital, and other extremely powerful hedge funds.

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