Saba Suit Over Canadian Pension Funds Goes to Mediation

  • Boaz Weinstein's Saba Capital accused of manipulating funds
  • Saba called lawsuit over portfolio mark down ``meritless''

Boaz Weinstein’s Saba Capital Management LP and a Canadian pension fund will be forced to mediate a dispute over whether the $1.6 billion hedge fund manipulated its investments in a way that cheated Canadian retirees out of returns.

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