Farmers Say New York Financial Firm Knew Their Customer Would Declare Bankruptcy – ValueWalk Premium

Farmers Say New York Financial Firm Knew Their Customer Would Declare Bankruptcy

A bankruptcy maneuver appears to have taken advantage of farmers. No, we’re not talking about the MF Global cover-up.
Texas farmers suing Scopia Capital Management
According to a FinAlternatives report, a group of Texas farmers is suing a New York hedge fund saying it defrauded them in a bankruptcy play.

The dispute is between farmers of “guar,” a highly profitable bean used in shale gas production and

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