Author Michael Lewis, featured here on Value Walk, has requested a Manhattan court to dismiss a libel suit filed against him by Wing Chau and his company, Harding Advisory LLC, without trial. Lewis is the author of Liar’s Poker and Moneyball. In his book, The Big Short, which deals with subprime mortgages, Lewis is alleged to have defamed Chau. The book recounts how a select set of speculators made colossal amounts of money by shorting the residential subprime mortgage market, which busted in 2007. According to Chau, whose Harding Advisory manages CDO portfolios, the book made “false and defamatory statements about him”…
On This Page
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
