Lawyer, Hedge Fund Promoters Sued by SEC

``A Minnesota attorney and two San Francisco-area hedge fund promoters defrauded investors of more than $21 million by concealing the financial collapse of the fund's only borrower, the SEC claims in Federal Court. Minneapolis-based attorney Todd A. Duckson, with the help of Michael Bozora and Timothy Redpath of Marin County, Calif., raised more than $21 million from investors in the Capital Solutions Monthly Income Fund after the fund's sole business partner, Hennessy Financial, defaulted in May 2008, the SEC claims.''