Activist hedge fund manager Barry Rosenstein is accustomed to purchasing stock in a company and then influencing management and the board of directors to make changes he feels will generate the best value. Now Rosenstein, founder of the hedge fund JANA Partners, is being accused of cutting out a real estate agent on the sale of the most expensive property in US history. See JANA Partners Q2 letter to investors here Corcoran real estate demanding $4.04 million in lost commission The Corcoran real estate agency is demanding $4.04 million in lost commission and over $4 million in damages, claiming in…
Real Estate Broker Claims JANA's Rosenstein Skirted Commission
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.