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RCT FILES $50 MILLION CLAIM AGAINST BUDDY FLETCHER AND OTHERS

On March 31, 2014, RCT filed a lawsuit in New York State Supreme Court against Alphonse “Buddy” Fletcher, Fletcher Asset Management, and others related to their alleged mismanagement of various offshore funds whose claims were pooled pursuant to a confirmed plan of reorganization that was approved by the bankruptcy court on March 27, 2014.

Prior results do not guarantee a similar outcome