Level Global Founder Sues U.S. Over Fund’s CollapseBob Van Voris
The founder of Level Global Investors LP sued U.S. prosecutors and FBI agents over the hedge fund’s demise amid an insider-trading investigation.
David Ganek claimed in a lawsuit filed Thursday in Manhattan federal court that the prosecutors and the agents violated his rights in the investigation.
Earlier Thursday, documents released by a federal judge showed telephone wiretaps from October 2009 to May 2010 captured one Level Global analyst getting nonpublic information from consultants. The locations of wiretaps weren’t visible in a redacted copy of the filing.