Brian Hunter is a well-known figure in the hedge fund industry: he's widely seen as the trader whose natural gas bets sunk Amaranth Advisors. Now FINalternatives has a story recounting his current woes. His new hedge fund Solengo Capital Advisors is apparently on the brink of disintegration. Hunter has filed a long explanation with a federal court, detailing his views on the Federal Energy Regulatory Commission, which has accused him of market manipulation over trades he made at Amaranth. Hunter's lawyers say he has lost directors, staff, potential investors and at least two deals. Two directors of Solengo Managed Funds resigned last month just hours after Hunter told them of the an impending FERC action.  

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- here's the article (reg. req.)