| Dale Left
Hedgeye Risk Management Then Injunction
Denied Now Two Defendants Added
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
June 24 – Darius Dale left
Hedgeye Risk Management LLC on
March 28, 2021 Now there is a
dispute about what information
he can and cannot
use.
On July 28, 2021 U.S. District
Court for the Southern
District of New York Judge
Andrew L. Carter held a
proceeding. Inner City Press
covered it.
At issues
are source files, divided into
Bucket A (Hedgeye's orginal
files) and Bucket B (derived,
developed from them). Dale is
enjoined from using A, but not
B.
There is to be
quarantining, which Hedgeye
protested they don't see how
it can work.
On November 2021
Judge Carter held another
proceeding and Inner City
Press again covered it. Judge
Carter denied any injunction,
finding no irreparable harm.
In
February 2022 there were
emergency requests to the
assigned Magistrate Judge
Robert W. Lehrburger to crack
down on use of discovery
material in the case,
including on Twitter. A
conference was held on
February 15, and Inner City
Press covered it. The parties
were urged to not further
publicize any discovery, and
to say nothing for the next
two weeks.
Online we find this,
for example. It was noted that
this business is conducted on
Twitter, so these are like
press releases. The magistrate
disagreed.
On June 24 Dale
filed a request with Judge
Carter for leave to file a
sur-reply, saying that
"contrary to Hedgeye's
assertions, Hedgeye's
aggressive discovery positions
have frequently been
rejected... and Defendants
have, of course, not refused
to appear for deposition."
On July 19
Magistrate Judge Robert W.
Lehrburger held a conference,
and Inner City Press again
covered it. Judge Lehrburger
issued an order that the
deadline for fact discovery is
extended to December 2, to
accommodate the addition of
Terman and Solstein as
defendants.
Inner City Press
will continue to cover this
case.
The case is
Hedgeye Risk Management, LLC
v. Dale, 21-cv-3687 (Carter /
Lehrburger)
***
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