{"id":9817,"date":"2009-02-06T00:00:00","date_gmt":"2009-02-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"us-accuses-three-in-insider-trading-scheme","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/us-accuses-three-in-insider-trading-scheme.html","title":{"rendered":"U.S. accuses three in insider trading scheme"},"content":{"rendered":"<p>Reuters &#8211; A hedge fund manager, a brokerage trader and a financial adviser were charged on Thursday with insider trading in the stock of supermarket chain Albertsons Inc, reaping total profits of about $7.5 million, according to court documents. <\/p>\n<p>The criminal complaints were filed in <span class=\"yshortcuts\">U.S. District Court<\/span> in Manhattan against Joseph Contorinis, a former employee at <span class=\"yshortcuts\">Jefferies Asset Management LLC<\/span>, as well as trader Michael Koulouroudis and financial adviser Nicos Achillea Stephanou, whose employers were not immediately known.<\/p>\n<p>Jefferies was not mentioned in the complaint against Contorinis. Firm spokesman Tom Tarrant said Contorinis left a year ago. He declined to comment on the charge or arrest of Contorinis by the <span class=\"yshortcuts\">FBI<\/span> on Thursday.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20090205\/bs_nm\/us_insidertrading_albertsons\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A hedge fund manager, a brokerage trader and a financial adviser were charged on Thursday with insider trading in the stock of supermarket chain Albertsons Inc, reaping total profits of about $7.5 million, according to court documents. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[411,7092,249,5198,5821,7093,5829,7091,37,5725,4800,327,123,4326,4545,336,5724],"class_list":["post-9817","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-5-million","tag-albertsons-inc","tag-asset-management","tag-brokerage","tag-court-documents","tag-criminal-complaints","tag-fbi","tag-financial-adviser","tag-hedge-fund-manager","tag-insider-trading","tag-jefferies","tag-manhattan","tag-profits","tag-reuters","tag-spokesman","tag-stock","tag-supermarket-chain"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9817","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9817"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9817\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}