We represented the limited partners of a hedge fund in a shareholder derivative arbitration against a hedge fund manager and his stockbroker based on fraud claims arising from post-execution allocations of securities trades over more than a decade. After an arbitration that spanned seven months, the arbitration panel, in a unanimous opinion, awarded our clients $75 million in compensatory and punitive damages, including $35 million for disgorgement of compensation for the period of the fraud. The award was confirmed by the Supreme Court of New York.