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Barai Capital hedge fund under U.S. government scanner

Reuters – The founder of U.S. hedge fund firm Barai Capital Management has been drawn into the government’s insider trading probe that involves “expert network” firms, the Wall Street Journal said, citing people familiar with the matter.

Samir Barai, the founder of Barai Capital, has been named co-conspirator in the investigation that examines whether hedge funds and other investors traded on inside information received from corporate employees freelancing as consultants for “expert network” firms, the Journal said.

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