The battle at Bonita Bay Club, an exclusive luxury community on Florida's west coast, is turning into an all out war. Yesterday a Wall Street Journal article highlighted a tale of dysfunctional management by David Lucas, CEO of Bonita Bay...

A Petters fraud feeder fund, Palm Beach Capital Management with $1.6 billion of assets, is rushing to protect its asses before investors and regulators take a piece of the fund managers' hide. On Thursday investors in Bruce Prevost and David...