David Ganek, the founder of now-closed hedge fund Level Global, is suing the FBI and Southern District prosecutors in New York after the government's 2010 raid resulted in shutting down his now $4 billion firm. Back in December, the United States Court of Appeals for the Second Circuit, which covers New York City, tossed the insider trading convictions of two hedge fund managers, including former Level Global cofounder, Anthony Chiasson. At the time, Ganek called the court's decision "vin...
Hedge manager sues the US government over a 'reckless' raid that shut down his $4 billion firm
Business Insider - 27 Feb 2015 01:50
David Ganek, the founder of now-closed hedge fund Level Global, is suing the FBI and Southern District prosecutors in New York after the government's 2010 raid resulted in shutting down his now $4 billion firm. Back in December, the United States Court of Appeals for the Second Circuit, which covers New York City, tossed the insider trading convictions of two hedge fund managers, including former Level Global cofounder, Anthony Chiasson. At the time, Ganek called the court's decision "vin...
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