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2nd Circ. Won't Void Aerospace Co.'s $5M Hedge Fund Loan

By Katryna Perera ( June 26, 2025, 5:05 PM EDT) -- The Second Circuit has said a New York federal judge was correct in rejecting aerospace company Xeriant's bid to void a $5 million loan deal with Auctus Fund LLC, ruling that while the hedge fund was not registered with the U.S. Securities and Exchange Commission as a dealer, the contract didn't obligate it to do so....

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