Emmanuel Lemelson Defamation Suit Filed against Bloomberg

Hedge Fund Sues Bloomberg L.P And Two Employees For $100 Million Over Alleged Defamation

This is an interesting lawsuit which is straight off the press. We are not privy to any details but doubt there will b $100 million paid out. That said it will be interesting to see if this suit leads anywhere and what happens. This is not only a hedge fund and Bloomberg issue but has ramification for the entire media and asset management industry, as well. Interestingly, Lemelson did not like a WSJ article about the firm but never . . .

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