Insurer sues Paulson firm

ACA Financial Guaranty sued billionaire hedge fund manager John Paulson's firm for allegedly inducing the company to insure part of a mortgage-linked investment that soured

ACA Financial Guaranty sued billionaire hedge fund manager John Paulson's firm for allegedly inducing the company to insure part of a mortgage-linked investment that soured.

The amended complaint, filed by the bond insurer in New York state court Wednesday, adds Paulson & Co. and its Credit Opportunities Master II fund as defendants in a suit ACA filed in January 2011 against Paulson's banker, Goldman Sachs.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line