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Platinum Hedge Fund Manager Says Fraud Verdict Should Be Tossed

  • Daniel Small says US failed to prove intent to commit crime
  • Federal judge previously overturned verdict in related case

A former Platinum Partners fund manager convicted last month of rigging a bondholder vote has asked a US judge to overturn a jury’s verdict, saying prosecutors failed to prove he intended to commit a crime.

Daniel Small was convicted by a Brooklyn, New York federal jury in August of securities fraud and conspiracy to commit securities fraud but acquitted of a count of wire fraud conspiracy.