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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFive Accused of Trading Illegally on Health Policy Leaks.
'Federal authorities charged five people, including three who worked for a New York hedge fund, with insider trading in shares of several health care stocks using confidential information passed on by a health care consulting firm.
Three current and former partners at Deerfield Management, a health care hedge fund firm, paid an employee of the Washington health care consulting firm to provide inside information about policy decisions at the Centers for Medicare and Medicaid Services, or C.M.S., a move that led to millions of dollars in illegal profits, according to federal prosecutors in New York and securities regulators.
David Blaszczak, a former employee at C.M.S. and founder of Precipio Health Strategies, was accused on Wednesday of pumping a friend at C.M.S. for market-moving information that he then passed along to the three partners at Deerfield, according to an unsealed indictment.
Two of the partners, Rob Olan and Ted Huber, were named in the indictment on Wednesday and are listed on Deerfields website as partners. Jordan Fogel, who worked at Deerfield from 2006 until last year, was charged separately and pleaded guilty this month.'>>>
https://www.nytimes.com/2017/05/24/business/dealbook/five-accused-of-trading-illegally-on-health-policy-leaks.html?
malaise
(268,994 posts)What price? High price? Low price?
LOL ???
Wasn't there serious talk of insider trading?
sarah FAILIN
(2,857 posts)Why is he not under the jail yet?
malaise
(268,994 posts)bunch of goons in history