Herald Tribune – On Tuesday, investment newsletter writer Don Rowe Tuesday became the target of a $2.3 million lawsuit by six victims of Arthur G. Nadel’s failed hedge funds — investors who claim they took Rowe seriously when he called Nadel "America’s Top-Ranked Money Manager."
Lawyer Drew Clayton filed suit in Sarasota Circuit court against Rowe and two of his companies, The Wall Street Digest and Carnegie Asset Management Inc., for the amount of money that the six investors lost when it was discovered in January that the nearly $400 million that had been paid into the funds was gone.
