Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers

Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers:

Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy the Los Angeles Dodgers baseball team.

from Reuters: U.S. https://ift.tt/2NVHBqo
from Tumblr https://ift.tt/2XLn9Np