Hedge Fund Manager Appeals Finding Of No Attorney Fees In SEC Enforcement

Mealey's (August 20, 2024, 9:31 AM EDT) -- BOSTON — A hedge fund manager and his funds have appealed to the First Circuit U.S. Court of Appeals a Massachusetts federal judge’s holding that they are not entitled to attorney fees under the Equal Access to Justice Act (EAJA) after partially prevailing on claims brought by the Securities and Exchange Commission because the SEC’s initial position was substantially justified....