Level Global Manager Seeks to Show Partner Traded Too
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Level Global Investors LP co-founder Anthony Chiasson, who faces trial Oct. 29 for insider trading of two technology companies, asked to present jurors with an analysis he said shows the hedge fund’s other co-founder, David Ganek, made trades in the same stocks at the same time.
While Ganek hasn’t been accused of wrongdoing, Chiasson’s lawyers told a judge in an Oct. 3 letter that they want to introduce evidence showing the fund manager’s trading in Dell Inc. and Nvidia Corp. occurred in the same period their client was accused of insider trading. The two men were co-heads of Level Global’s largest fund before the firm closed.