Embattled money-management firm Aletheia Research and Management Inc. has reached a deal with its unsecured creditors that would see an independent trustee appointed to manage the company while it attempts to restructure in chapter 11, Dow Jones DBR Small Cap reported today. In court papers filed on Thursday, Aletheia and its unsecured creditors' committee agreed to the appointment of a chapter 11 trustee to "avoid the uncertainty and costs arising from litigation."
