Claimants Financial Trust Company, Inc. and The C.O.U.Q. Foundation, Inc., managed by Jeffrey Epstein, filed an amended statement of claim against The Bear Stearns Companies, Bear Stearns & Co., Bear Stearns Asset Management, and Warren Spector. The claims arise from the collapse of hedge funds managed by Bear Stearns in 2007, resulting in losses exceeding $45 million for the claimants. The document details the fraudulent activities and misrepresentations by Bear Stearns and its executives, including Warren Spector, which led to the financial losses. The claimants seek damages for fraudulent inducement, breach of fiduciary duty, constructive fraud, negligent misrepresentation, and breach of contract.
documents/EFTA00300203.pdf
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