Billionaire Fredriksen’s Firm Faces $1 Billion Claim After Failed Fraud Trial

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Bloomberg Markets 2 days ago • bloomberg.com

Billionaire Fredriksen’s Firm Faces $1 Billion Claim After Failed Fraud Trial

Two former executives at billionaire John Fredriksen’s oil trading firm sued for about $1 billion in over allegations that the shipping tycoon’s failed “vindictive” lawsuit brought them to the “brink of financial ruin.”

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