New York (HedgeCo.net) – The SEC has charged two more hedge fund managers in the SEC v Galleon Management case, according to Courthouse News Services.
Lanexa Management’s Thomas Hardin is alleged to have received around $950,000 from insider trading. The SEC also charged Hardin and former Schottenfeld Group trader Franz Tudor of profiting from a $715,000 inside deal.
The SEC has already charged 22 defendants of generating illicit profits of at least $52 million in the Galleon case.
Alex Akesson
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