Reported about 1 year ago
The insider dealing case against Segantii Capital Management in Hong Kong, involving founder Simon Sadler and former trader Daniel La Rocca, has been adjourned to October 15 following a District Court hearing where no pleas were entered. The case, accused of trading shares of Esprit Holdings before a block trade in 2017, has been moved from a magistrates' court in June, and the defendants are reviewing unused materials related to the case. This legal action is one of the city’s highest-profile cases against a major hedge fund firm, with the trio alleged to have received inside information for the trade.
Source: YAHOO