Thursday, January 22, 2015

Investor Alert - Owen Li crashes Canarsie Capital in New York

Owen Li, the manager of Canarsie Capital has apparently lost nearly 100 million dollars in what he calls overzealous investments, which caused devastating losses.

Fund managers who invest the funds assets in an inappropriate manner are liable to their investors for their losses. We are reviewing these events for possible claims by investors in Canarsie Capital. If you were an investor in the fund, please contact our office at 212-509-6544.
 My only hope is that you understand that I acted in an attempt—however misguided—to generate higher returns for the fund and its investors. But even so, I acted overzealously, causing you devastating losses for which there is no excuse
For more information, go to Manager 'truly sorry' for blowing up hedge fund

The attorneys at Sallah Astarita & Cox include veteran securities litigators and former SEC Enforcement Attorneys. We have decades of experience in securities litigation matters, including SEC and FINRA investigations, insider trading cases, securities arbitrations and class actions, nationwide. For more information call 212-509-6544 or send an email.
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