Level Global Founder, SAC Trader Arrested In Insider-Trading Case

Jan 18 2012 | 10:04am ET

The Federal Bureau of Investigation today arrested seven people, including at least three hedge fund traders, as part of a massive federal probe into insider-trading.

The arrests of Anthony Chiasson, of founder of Level Global Investors, and Todd Newman, a former manager at Diamondback Capital Management, have been expected since late last year. Jon Horvath is the first current SAC Capital Advisors employee arrested in a pair of high-profile insider-trading probes that have ensnared some 50 people.


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    Save The Date: FINforums Annual Hedge Fund Summit

    Feb 21 2012 | 9:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry.
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