No. of Recommendations: 0

If they were bought through a broker, the money should be held by the broker until the
hedge fund delivers the shares. If the shares don't show up, I expect the broker has a clause allowing them to just return your money. Isn't this called a broken trade or something like that? If you could find out who failed to deliver, you could probably sue them, but most folks would probably go to the next interesting investment.

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