Once Giant, Turner Investments Shell Of Former Self

A dispute among top employees at Turner Investments is framing the fall of the hedge fund that leading up to the 2008 financial crisis had $28 billion under management. The firm, now a shell of its former self, is reported to manage just $600 million. Turner appears to teeter as lawsuits and countersuits between the fund and its former employees put it on edge. Multiple calls to the fund’s headquarters outside Philadelphia Wednesday went unanswered.

Broken compensation claims and battles with employees who are alleged to have taken clients surrounds Turner Investments

The dispute with employees centers around broken compensation claims...