STOCKS | Deccan Value Investors Blasts SEC Settlement After Gag Rule Lifted

Connecticut hedge fund Deccan Value Investors is criticizing its 2022 settlement with U.S. Securities and Exchange Commission claims that it breached its fiduciary duty to two university endowments, after the regulator lifted its so-called gag rule, according to Bloomberg. The firm is speaking out about the deal, which had barred it from discussing the case publicly.