The case that Massachusetts brought against Philip Goldstein’s Bulldog Investors hedge fund for soliciting investors over the Internet saw its first fireworks on Friday, when Bulldog filed a motion on Friday to have the Massachusetts Superior Court hear its case, HedgeWorld News reports. Bulldog wants its case heard in that venue rather than by the Massachusetts Securities Division so that it can mount a full defense, one centered on its First Amendment free speech rights. Goldstein says that the Division will not judge his case impartially.

But on Monday, the state rejected Bulldog’s request to drop its proceedings against the enforcement action, saying the focus of the case is whether the firm did, indeed, offer unregistered securities in violation of the state’s securities act.

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