Activist ValueAct Gets Sued by DOJ
Posted on 04/04/2016
The U.S. Department of Justice (DOJ) filed a civil suit against hedge fund ValueAct Capital in the U.S. District Court for the Northern District of California. San Francisco-based ValueAct Capital is led by Jeff Ubben and has around US$ 19 billion in assets. The DOJ alleges the hedge fund violated pre-merger notification requirements. DOJ stated […]
