Tag: Todd Newman

Diamondback Todd Newman Sentenced 4.5 Years in Prison


Hedge fund Diamondback Capital Management Manager Todd Newman Sentenced 4.5 Years in Prison. Hedge fund manager Todd Newman was sentenced to 4 1/2 years in prison for his role in an insider-trading scheme that used tips from technology company insiders…

Hedge Fund Corrupt Analysts Secret Fight Club


Hedge fund analysts part of ‘Fight Club’ cited at insider trial. Former analyst describes the Fight Club Scheme (Reuters) – Two former hedge fund managers reaped a total of $70.8 million in illegal profits by tapping a “corrupt network” of…