Monday, 1 September 2014
Last updated 3 days ago
Aug 5 2013 | 10:25am ET
The technology analyst accused of passing tips to a former SAC Capital Advisors money manager made his maiden appearance in Manhattan federal court on Friday.
Sandeep Aggarwal did not enter a plea at the hearing. Bail was set by U.S. Magistrate Judge Frank Maas at $500,000, secured by $50,000 in cash.
Aggarwal was arrested on Tuesday in California and charged with giving confidential information about a planned deal between Microsoft Corp. and Yahoo! to Richard Lee, a SAC manager named in the criminal complaint against the hedge fund itself, and another hedge fund in 2009. Lee has pleaded guilty and is cooperating with prosecutors.
"We continue to review the allegations," Sam Braverman, Aggarwal's lawyer, said.
Aggarwal, who runs his own research firm, DigitalRoute, has been frequently featured in print and broadcast media.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...