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Segantii Case Moves to District Court, Hong Kong Judge Rules
Posted
June 12, 2024
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June 12, 2024
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3:10Now PlayingSegantii Capital Management’s insider trading case will move to a Hong Kong District Court that can hand out longer prison sentences, as details emerged about the hedge fund’s alleged transgressions at a hearing on Wednesday. The firm, along with founder Simon Sadler and former long-time trader Daniel La Rocca, face accusations by Hong Kong’s authorities of acting on insider information prior to a block trade in 2017. Minmin Low reports on Bloomberg Television.
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