News
U.S. hedge fund founder is denied early release in insider case
December 31, 2015 by elegant · Leave a Comment
By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Wednesday rejected hedge fund manager Doug Whitman's request to end his two-year sentence for insider trading early while he pursues his latest appeal of his 2012 conviction. U.S. District Judge Jed Rakoff said it would be unfair to release the Whitman Capital LLC founder from the Sacramento, California, halfway house where he was moved this month just because he is only five months away from possible freedom…
Excerpt from:
U.S. hedge fund founder is denied early release in insider case