SRM Global Sues Wall Street Journal Over Disclosure

SRM Global, the hedge fund, is going to court over the Wall Street Journal’s publication of information about its financial performance, alleging that the data revealed was confidential. SRM held major positions in both Northern Rock, the bank nationalized by the British government earlier this year, and Countrywide Financial. WSJ claims the public had an interest in the information. Read more here in a Financial Times article.