{"id":53074,"date":"2016-06-16T09:56:02","date_gmt":"2016-06-16T13:56:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53074"},"modified":"2016-06-16T09:56:02","modified_gmt":"2016-06-16T13:56:02","slug":"visiums-valvani-charged-with-insider-trading-on-fda-leaks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2016\/visiums-valvani-charged-with-insider-trading-on-fda-leaks.html","title":{"rendered":"Visium&#8217;s Valvani Charged With Insider Trading on FDA Leaks"},"content":{"rendered":"<p>\n(Reuters) A Manhattan hedge fund manager was charged on Wednesday with trading on confidential tips about drug approvals, in one of the biggest insider trading cases since a 2014 court ruling made it harder for U.S. prosecutors to pursue them.<br \/>\nU.S. Attorney Preet Bharara in Manhattan accused Sanjay Valvani of Visium Asset Management LP of fraudulently making $25 million by gaining advance word about U.S. Food and Drug Administration approvals of generic drug applications.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-usa-fraud-insidertrading-idUSKCN0Z11TB\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) A Manhattan hedge fund manager was charged on Wednesday with trading on confidential tips about drug approvals, in one of the biggest insider trading cases since a 2014 court ruling made it harder for U.S. prosecutors to pursue them. [&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-53074","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53074","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=53074"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53074\/revisions"}],"predecessor-version":[{"id":53075,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53074\/revisions\/53075"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}