That means the communications can be shown to the jury at the criminal trial of Anthony Chiasson, who co-founded Level Global with Ganek, and Todd Newman, a former portfolio manager at Diamondback Capital Management. Neither Ganek nor Steinberg has been charged with a crime. Lawyers for Chiasson and Newman had asked the judge to exclude the messages.
'It seems to me that the evidence against Mr. Ganek is largely circumstantial', Sullivan said Thursday. 'But I do think the rest of the facts support that Mr. Ganek' may have been aware of the source of his information, the judge said.
He drew a similar conclusion about the Steinberg communications.
Hit the link below to access the complete Bloomberg article:
Level Global, SAC Fund Managers Ruled Co-Conspirators
The Alchemists: Three Central Bankers and a World on Fire
Hubris: How HBOS Wrecked the Best Bank in Britain
