Nasdaq – Federal prosecutors filed new charges Tuesday against employees at three hedge funds accused of making improper trades on inside information.
The new charges relate to short sales of NVIDIA Corp. stock in April and May 2009. Those charged Tuesday were Todd Newman, a former portfolio manager with hedge-fund firm Diamondback Capital Management; Anthony Chiasson, a former hedge-fund manager at Level Global Investors LP; and Jon Horvath, a technology analyst with SAC Capital Advisors LP’sSigma Capital Management division.
