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Baupost Hit With $4M Short-Swing Suit Over Innoviva Stock

By Jon Hill ( January 9, 2018, 10:04 PM EST) -- Hedge fund billionaire Seth A. Klarman and his Baupost firms were hit with a complaint in Massachusetts federal court on Tuesday demanding disgorgement of more than $4 million in short-swing profits that they allegedly made off trading in stock of pharmaceutical company Innoviva Inc....

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