A lawyer for Level Global Investors LP co-founder Anthony Chiasson told jurors at his client’s insider-trading trial that the key government informant is a liar whose testimony wasn’t supported by the evidence.
Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, hired criminal defense lawyer Reid Weingarten and Sushovan Hussain, who was Autonomy’s finance chief, retained attorney John Keker, according to a person familiar with the matter.
Level Global Investors LP co-founder David Ganek was described by a prosecutor as a co-conspirator in an insider-trading scheme that allegedly involved his fellow hedge-fund co-founder Anthony Chiasson.
U.K. fraud prosecutors’ use of Autonomy Corp. software may present a conflict of interest that could stop their investigation of claims by Hewlett-Packard Co. that Autonomy managers misrepresented results.
Lawyers for Level Global Investors LP co-founder Anthony Chiasson and ex-Diamondback Fund Manager Todd Newman rested their cases after questioning an FBI agent who’s been central to the U.S. crackdown on insider trading.