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The allegedly secret trading strategy over which Jane Street is suing two former traders and Millennium Management involves options trading in India, lawyers inadvertently revealed at a court hearing. https://t.co/BhiohCsri3
The allegedly secret trading strategy over which Jane Street is suing two former traders and Millennium Management involves options trading in India, lawyers inadvertently revealed at a court hearing. https://t.co/plLgQwOiAi
TRO - and Court Sealing - Denied: As Jane Street Sues Millennium Its Request to Seal Courtroom then Request for TRO Denied - Inner City Press story: https://t.co/RCSMiNDWQx https://t.co/spMxFQxILv
Jane Street Group LLC has filed a lawsuit against Millennium Management LLC and two former employees in New York federal court, accusing them of stealing a confidential trading strategy related to options trading in India. The lawsuit alleges that the defendants have made massive profits from this theft. Meanwhile, the two accused former traders of Jane Street have denied these allegations. Additionally, Jane Street's requests to seal the courtroom and for a temporary restraining order (TRO) were denied.
