Ex-Capula Compliance Head Refiles Improper Expense Allegations

Capula Investment Management’s former US compliance head refiled a lawsuit accusing the hedge fund firm of wrongfully firing him for raising concerns about improper expenses and trading activity.

Igor Abramov first sued London-based Capula in November in Manhattan federal court, but that case was dismissed last month on jurisdictional grounds. Abramov filed a new complaint Monday in New York state court.

Abramov claims he was subject to retaliation and terminated in July after suggesting the $32 billion firm might be violating Securities and Exchange Commission regulations on pass-through expense disclosure, conflicts of interest and risking investor funds.

According to ...