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Hedge fund insider trading verdicts thrown out

Gavel

A federal appeals court threw out the guilty verdicts of two hedge fund managers central to Manhattan U.S. Attorney Preet Bharara’s investigation of insider trading, ruling jury instructions tainted their verdicts and imperiling other cases brought in his multiyear probe.

Martoma begins prison sentence for insider trading

Prison Bars

Mathew Martoma has started his nine-year prison term for insider trading at a “low security” federal prison in Miami at a time that most of the former hedge fund traders and analysts also convicted in the federal government’s long-running investigation have paid their debt to society.

Wife of inside-trader wants her share of assets

Marriage

The wife of former SAC Capital moneyman Mathew Martoma doesn’t think she should have to give up her luxurious lifestyle just because her husband orchestrated the most lucrative insider trading scheme in history.

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