Consultancy Duff Phelps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ADVERTISEMENT
Duff & Phelps Says It s Not Liable For $789M Ponzi Claims
Law360 (May 5, 2021, 4:57 PM EDT) Consultancy Duff & Phelps LLC has moved to toss a fraud suit alleging it helped facilitate Direct Lending Investments LLC s alleged $789 million Ponzi scheme, arguing it can t be held liable for purportedly false valuations because it was contractually required to take financial information from DLI at face value.
Duff & Phelps argued in a Monday motion to dismiss the suit, brought by more than 130 plaintiffs who were limited partner investors in DLI s feeder funds, that the contract between it and DLI specifies Duff & Phelps will not accept responsibility for the accuracy or completeness of information provided by DLI.. ....

Duff Phelps , Consultancy Duff Phelps , Lending Investments , Direct Lending Investments , டஃப் ஃபெல்ப்ஸ் , கடன் முதலீடுகள் , நேரடி கடன் முதலீடுகள் ,