Michael Platt, Meredith Whitney Agree To Settle Hedge Fund Dispute

It appears that hedge fund manager Meredith Whitney and her largest investor, billionaire hedge fund manager Michael Platt, have agreed to settle their disagreement in private. Bloomberg is reporting that Platt’s suit to force Whitney to return his investment in the fund has been settled out of court.

Platt wanted Whitney to return his investment capital

The spat was settled, according to a June 1 filing, but details of the arrangement were not disclosed and it is unclear how this will impact Whitney’s future.  A judge initially ruled...