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Westport Man Ordered To Pay $1.25M Fine For Insider Trading Scheme Westport Man Ordered To Pay $1.25M Fine For Insider Trading Scheme
Westport Man Ordered To Pay $1.25M Fine For Insider Trading Scheme A Fairfield County resident was among four men sentenced for an elaborate insider trading scheme that net a Manhattan hedge fund millions of dollars in profit. For five years, 42-year-old David Blaszczak, a political intelligence consultant from  Isle of Palms, South Carolina, was able to obtain confidential, non-public information from members of Centers for Medicine and Medicaid Services - including Christopher Worrall, 40, of Linthicum Heights, Maryland, who was a government employee there, according to Robert Khuzami, the Attorney for the Southern District of New York. Blaszczak then pr…

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by Zak Failla
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Westport Man Convicted Of Stealing Government Info For Insider Trading Westport Man Convicted Of Stealing Government Info For Insider Trading
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…

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by Kathy Reakes