Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers

Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers

Reuters

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Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy the Los Angeles Dodgers baseball team.

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