Lawyers to drop Indigo Capital LLC of the US

Weil, Gotshal & Manges, a leading US securities law firm, is to drop Indigo Capital LLC, the discredited US hedge fund, less than a month after taking on the client.

The Financial Services Authority (FSA), the UK regulator, is investigating Indigo Capital LLC and Robert Bonnier – a partner at the US hedge fund – for market abuse.

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