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An insider trading case against Asian hedge fund Segantii Capital Management, its high-profile British founder Simon Sadler and a former trader has been moved to a higher court in Hong Kong. More here: https://t.co/wzLBL0epCX
Segantii hedge fund insider trading case moved to higher court in Hong Kong https://t.co/emqUr8gjey https://t.co/3YqB8sb5sI
Segantii hedge fund insider trading case moved to higher court in Hong Kong https://t.co/rGGwro38Tw https://t.co/bOQPoHEdoV
Segantii Capital Management and its British founder Simon Sadler, along with former trader Daniel La Rocca, are facing insider trading charges in Hong Kong. The case, which stems from a stock trade seven years ago, has been moved from a Magistrates' Court to a District Court that can impose longer prison sentences of up to seven years. The hearing on Wednesday revealed further details about the alleged transgressions.