RCT OBTAINS $212 MILLION JUDGMENT ON BEHALF OF INVESTMENT FUNDS
On August 29, 2016, RCT won a $212 million judgment on behalf of four offshore investment funds and a Massachusetts pension fund against Alphonse Fletcher Jr. and Fletcher Asset Management Co. in New York State Supreme Court. RCT’s clients asserted contract and various tort claims against Mr. Fletcher and his wholly owned management company for their mismanagement of the offshore funds.
Prior results do not guarantee a similar outcome.