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Judge dismisses Sequoia suit, affirms board oversight role


A New York state judge has dismissed a January 2016 lawsuit brought against Sequoia Fund, its adviser and most of its board of directors. Epstein v. Ruane, Cunniff & Goldfarb Inc. was filed on behalf of investors in Sequoia Fund, which suffered substantial losses in the second half of 2015 because ... Log in to view full article.