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Level Global, SAC Fund Managers Ruled Co-Conspirators

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A Level Global Investors co- founder and an SAC Capital Advisors LP fund manager were ruled to be co-conspirators in a scheme to swap illegal stock tips, clearing the way for prosecutors to introduce their e-mails at the insider-trading trial of two other men.

Hedge Fund Founder Faces The Music

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Almost two years ago, Level Global Investors LP and Diamondback Capital Management LLC were among four hedge funds raided by the Federal Bureau of Investigation as part of a nationwide crackdown on insider trading.

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