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72°
Thursday, may 23
Tag:
Deerfield Management Company, L.P.
News
Westport Man Convicted Of Stealing Government Info For Insider Trading
A Westport resident was one of four people convicted of stealing government information for insider trading, according to U.S. Attorney for the Southern District of New York Robert Khuzami. Theodore Huber, 56, a partner at Deerfield Management Company, L.P., a healthcare-focused hedge fund in New York, along with three others were found guilty following a four-week trial. The hedge fund is believed to have reaped more than $7 million in profits as a result of the scheme. The group was charged with participating in a scheme, from 2009 through 2014, to defraud the government and to commit sec…