Four arrests have been made on charges of securities and wire fraud in connection with the Federal Bureau of Investigation’s big-time insider trading probe, according to multiple media reports. And a fifth person has pleaded guilty to charges related to the probe, Bloomberg reports.
Level Global now joins Diamondback Capital among hedge funds that got raided last week and this week says that it is the one the authorities are interested in.
Bloomberg reports:
The firm, with offices in New York and Greenwich, Connecticut, said in the letter it received a search warrant and subpoena Read More
The massive FBI probe into insider trading reported this weekend is already causing major headaches up in Connecticut. The Wall Street Journal is
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