Dallas hedge fund manager claims North Texas judge turned him into a book villain

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Former chief executive of Highland Capital Management James Dondero says that a judge for the Northern District of Texas wrote a villainous caricature of him...

Lassiter, much like Jernigan, is a Texas judge, former corporate lawyer, married to a police officer and loves dogs. Dondero says he bears a striking resemblance to Graham, the well-known wealthy playboy and high-flying Dallas hedge fund manager and novel’s antagonist., Jernigan says the book is a “work of fiction” and that though some characters and events may be loosely based on reality, every human character in the book is “absolutely fictional.

In the petition sent to the Northern District of Texas, Michael J. Lang, attorney for Highland Capital, said Jernigan has “ignored undisputed testimony and evidence, questioned the motives of Mr. Dondero, accused Mr. Dondero and the other Petitioners “bad faith”; and reached conclusions hostile to Mr. Dondero without evidence or contrary to uncontested evidence.”

According to the petition, Jernigan claims that she had never heard of Highland Capital’s former name. In the petition, Dondero claimed that Jurnegen had also referred to him as a “vexatious litigant” on numerous occasions.“I have commented before that we seem to have vexatious litigation behavior with regard to Mr. Dondero and his many controlled entities,” Jurnegen said, according to the petition.“Judge Jernigan’s bias has had a chilling effect on Petitioners and their counsel.

 

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