Tuesday, 26 May 2015
Last updated 3 days ago
Jul 10 2008 | 6:02am ET
A former Morgan Stanley client service representative pleaded guilty yesterday to possessing a stolen list of the firm’s prime brokerage clients, among other proprietary information.
In addition to the list of hedge fund clients, Ronald Peteka admitted he received via e-mail formulas used to calculate rates paid by those clients, sending the stolen information to his Long Island, N.Y., home. Another former Morgan Stanley employee, Ira Chilowitz, pleaded guilty last year to stealing the data, which he said he and Peteka planned to use to generate business for a consulting firm.
“I made a very huge mistake,” Peteka said at the hearing at Manhattan federal court. He faces as much as 10 years in prison and a $250,000 fine.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…