About this ruling
This ruling was handed down in proceedings in which the firm represented one of the parties, and is presented here as published, with identifying details of private individuals redacted to protect their privacy. The complete document is available to read and download below.
Every case is decided on its own facts, evidence and applicable law. No conclusion about the possible outcome of another matter can be drawn from the result in this one, and nothing here constitutes legal advice.
Ruling summary
A claim by two private investors, a father and son who invested about NIS 1.7 million in a hedge fund, against the fund, its general partner and the person who recruited them to it. The proceedings began in the Haifa District Court and were referred to arbitration. The arbitrator allowed the claim in part: the allegations of misrepresentation at the investment stage were rejected, but it was held that after the claimant filed a request to redeem USD 280,000, the respondent persuaded him to cancel it without disclosing the state of the fund, and that the continued non-disclosure of the losses constituted a breach of the duty of care and conduct lacking good faith. The respondents were ordered to pay the claimants, jointly and severally, USD 201,115 in shekels plus interest, as well as legal fees of NIS 60,000 plus VAT. The firm represented the claimants. (HaMishkan Center for Arbitration and Dispute Resolution, arbitration award by arbitrator Danya Keret-Meir, retired judge, 6.9.2026)