April 2 (Bloomberg) -- Solengo Capital Advisors, a new commodity investment fund founded by Canadian trader Brian Hunter, sued the DealBreaker Web site for copyright infringement for posting Solengo's confidential prospectus.

The prospectus describes Solengo's business model, management payment methods and investment allocations, the fund claimed in a complaint filed today in federal court in New York.

``The document was created by Solengo principals and represents the fruits of many hours of work,'' Solengo said in its complaint. ``DealBreaker refused to remove the document'' from its site, Solengo said.

Hunter caused the biggest hedge-fund collapse ever as an Amaranth Advisors LLC energy trader when his bet on natural gas prices last year led to $6.6 billion in losses. Solengo is designed as ``a multibillion dollar commodities investment vehicle,'' according to court papers.

Solengo, which asked a judge to block the posting, describes New York-based DealBreaker in court papers as ``an Internet tabloid and gossip blog focused on the financial sector.'' The lawsuit also names publisher Elizabeth Spiers as a defendant.

Spiers didn't return calls seeking comment on the lawsuit, which also seeks unspecified damages and legal fees.

The case is Solengo Capital Advisors v. DealBreaker, et al, 07-2657, U.S. District Court, Southern District of New York (New York.)

To contact the reporter on this story: Phil Milford in Wilmington, Delaware, at pmilford@bloomberg.net.

Last Updated: April 2, 2007 15:56 EDT