(Bloomberg) -- Segantii Capital Management’s insider trading case will move to a District Court that can hand out longer prison sentences of as many as seven...
-- Segantii Capital Management ’s insider trading case will move to a District Court that can hand out longer prison sentences of as many as seven years.The prosecution’s request to transfer the case was granted at an Eastern Magistrates’ Court hearing on Wednesday. The next hearing is scheduled to take place at the District Court on July 2.
Segantii, which was founded in Hong Kong in late 2007, was one of Asia’s largest and best-performing hedge funds with $4.77 billion in assets under management at the end of April. It was a prized client of Wall Street banks and a big buyer of shares in public stock offerings as well as block trades, which are off-exchange sales of large chunks of shares.
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Donald Trump sat down with a New York City probation official on Monday for a court-mandated, pre-sentencing meeting—but legal experts say the former president didn’t receive the same treatment as other recent convicts in the city.Citing an unnamed source, the Associated Press reported around 6 p.m. Monday that Trump’s interview had wrapped up after “less than a half-hour of routine and uneventful questions and answers.
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Segantii Insider Case Hinges on a Market-Moving Block Trade(Bloomberg) -- Seven years after a fateful stock trade in Hong Kong, Segantii Capital Management Ltd. and its founder Simon Sadler will return to court on...
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Segantii Insider Case Hinges on a Market-Moving Block TradeSeven years after a fateful stock trade in Hong Kong, Segantii Capital Management Ltd. and its founder Simon Sadler will return to court on Wednesday to face insider dealing charges.
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Segantii Trial Moves to Court That Can Hand Out Longer SentencesThe insider trading case against hedge fund Segantii Capital Management Ltd. and its founder Simon Sadler is moving to a higher Hong Kong court that can hand out longer sentences for convictions, according to people familiar with the matter.
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Segantii Redemption Requests Hit $1 Billion Before Move to Shut(Bloomberg) -- Segantii Capital Management Ltd.’s hedge fund faced nearly $1 billion of withdrawal requests before its decision to shut down, people familiar...
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