The River Stream Fund has come under scrutiny from securities regulator in Massachusetts. The hedge fund is under investigation for several violations including a failure to check the net worth of their clients. In Massachusetts you must meet financial requirements to invest in risky hedge funds.

So where did the state get their evidence? The fund simply dumped their client records into their dumpster where they were uncovered by regulators.

It is this exact type of case, California v. Greenwood, that made dumpster diving protected.