Boston Herald – Boston’s Loch Capital Management says it’s not the focus of what’s reportedly the largest insider-trading probe in U.S. history – even though the FBI recently raided the firm’s headquarters.
In a letter to clients, the hedge fund wrote that authorities have “confirmed that (neither) Loch Capital Management (nor company founders) Timothy J. McSweeney or Todd W. McSweeney (are) a target of the government’s investigation.”
