{"id":55984,"date":"2017-01-09T09:10:31","date_gmt":"2017-01-09T14:10:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55984"},"modified":"2017-01-09T09:13:17","modified_gmt":"2017-01-09T14:13:17","slug":"ex-visium-hedge-fund-manager-to-face-trial-on-u-s-fraud-charges","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2017\/ex-visium-hedge-fund-manager-to-face-trial-on-u-s-fraud-charges.html","title":{"rendered":"Ex-Visium Hedge Fund Manager to Face Trial on U.S. Fraud Charges"},"content":{"rendered":"<p>(Reuters) A former portfolio manager at Visium Asset Management LP is scheduled to face trial on U.S. charges stemming from an investigation that led to the New York-based hedge fund&#8217;s closure last year.Jury selection is set to begin on Wednesday in Manhattan federal court in the case of Stefan Lumiere, Visium founder Jacob Gottlieb&#8217;s former brother-in-law, who is accused of engaging in a scheme to falsely inflate the value of securities in a bond fund.<\/p>\n<p>The trial follows a criminal probe that prompted the $8 billion investment firm&#8217;s wind-down and charges against three others, including Sanjay Valvani, a Visium portfolio manager who committed suicide in June after being accused of insider trading.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/usa-fraud-visium-idUSL1N1EP15Z?feedType=RSS&#038;feedName=financialsSector\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) A former portfolio manager at Visium Asset Management LP is scheduled to face trial on U.S. charges stemming from an investigation that led to the New York-based hedge fund&#8217;s closure last year.Jury selection is set to begin on Wednesday [&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-55984","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55984","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=55984"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55984\/revisions"}],"predecessor-version":[{"id":55985,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55984\/revisions\/55985"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}