Tag: Todd Newman

Diamondback Todd Newman Sentenced 4.5 Years in Prison

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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

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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…