{"id":52906,"date":"2016-06-06T08:23:38","date_gmt":"2016-06-06T12:23:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52906"},"modified":"2016-06-06T08:23:38","modified_gmt":"2016-06-06T12:23:38","slug":"u-s-repays-6-million-to-hedge-fund-in-insider-trading-reversal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2016\/u-s-repays-6-million-to-hedge-fund-in-insider-trading-reversal.html","title":{"rendered":"U.S. Repays $6 Million to Hedge Fund in Insider-Trading Reversal"},"content":{"rendered":"<p>(Bloomberg) Strike $6 million from the total that Manhattan U.S. Attorney Preet Bharara extracted from hedge funds and executives caught in his seven-year insider-trading dragnet.<\/p>\n<p>U.S. prosecutors have agreed to return that amount to Diamondback Capital Management LLC in a deal approved by a federal judge on Thursday. The hedge fund paid the $6 million to the government as part of a 2012 non-prosecution agreement related to Bharara\u2019s insider-trading probe. The fund, which at its peak managed $5.8 billion, closed later that year.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-06-03\/diamondback-capital-gets-refund-in-insider-trading-case\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Strike $6 million from the total that Manhattan U.S. Attorney Preet Bharara extracted from hedge funds and executives caught in his seven-year insider-trading dragnet. U.S. prosecutors have agreed to return that amount to Diamondback Capital Management LLC in a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52906","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52906"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52906\/revisions"}],"predecessor-version":[{"id":52907,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52906\/revisions\/52907"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}