A Dallas-based hedge fund that hit Credit Suisse Group A.G. with a $40 million fraud jury verdict last year, recently tacked on $287 million more to its victory after a trial judge signed a final judgment that also found the investment bank committed breach of contract and civil conspiracy.
Claymore Holdings, which is affiliated with Dallas-based Highland Capital Management L.P., sued Credit Suisse in Dallas’ 134th District Court alleging that it overinflated the value of a Nevada resort as part as part of the hedge fund’s investment in a $540 million loan refinance.
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