Apparently Lawton and the hedge fund moved to San Francisco about a year ago. He has to respond to a US Federal court by noon today via a temporary restraining order.
To read the full story, follow these links:
- Star Tribune: SEC sues former Wayzata hedge fund
- FIN Alternatives: SEC Sues Hedge Fund Manager For $16 Million Fraud
- The Jamestown Sun: SEC sues former Wayzata-based hedge fund

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ReplyDeleteHedge Fund Lawyer said:
ReplyDeleteIt is interesting that so many managers have been ousted as frauds or have misrepresented their performance. Investors need to make sure that their managers are telling them the truth - no longer is it acceptable for investors to blindly trust hedge fund start up managers.
Wayzata.com has removed his blatant and obvious link to his own blog.