A complaint has been filed in the U.S. District Court for the Southern District of New York, alleging "fraud, self-dealing, and breach of fiduciary duty by a trusted financial adviser." The case involves Rimu Capital Ltd., a firm based in the Bahamas and incorporated in the British Virgin Islands, whose investments are managed by a family office. The defendants include Jason Ader, SpringOwl Asset Management LLC, Spring Owl Associates LLC, Ader Fund Management LLC, and 26 Capital Holdings LLC.
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