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Fishers money manager granted continuance

April 25, 2011

A Hamilton County judge agreed to delay a court hearing scheduled for Monday morning involving prominent Fishers money manager Keenan Hauke, who is being investigated for financial irregularities involving a hedge fund he operates.

The Indiana Secretary of State’s Office planned to ask the court to extend a temporary asset freeze against Hauke. Hauke’s attorney, Larry Mackey of Barnes & Thornburg LLP, requested, and was granted, the continuance. Another hearing date has not been set.

Superior Court Judge J. Richard Campbell on April 15 placed a temporary restraining order on Hauke, CEO of Samex Capital Advisors LLC, from doing business at least until the preliminary court hearing. The order will remain in effect until a new hearing takes place.

The securities division sought the freeze because it said “good and reasonable cause exists to believe [Hauke and his businesses] violated the Indiana Uniform Securities Act.”

A complaint filed by the state against Hauke, Samex Capital Partners LLC and Samex Capital Advisors LLC said Hauke “misled investors by failing to inform them that the funds they were investing would be converted to his personal use.”

Hauke manages roughly 425 accounts and has $33 million in assets under management, according to Securities and Exchange Commission filings.

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