BusinessInsider reports that Danielle Chiesi, the hedge fund trader who pleaded guilty to insider trading in connection to the Galleon case, wants leniency from the judge, and has a new defense to get it.
Her lawyers say that she was bullied into sharing material, non-public information by her hedge fund boss and longtime lover, Mark Kurland, according to Businessweek.
In a letter to federal judge, Chiesi's defense said Kurland "used their “toxic” sexual relationship to manipulate her into feeding him inside tips." He "engaged in a ‘vicious cycle of abuse’ and ‘psychological exploitation’ to turn Dani into his ‘virtual servant,'" lawyers said, according to WRALtechwire.
Read more at:
http://www.businessinsider.com/danielle-chiesi-says-her-hedge-fund-lover-bullied-her-for-20-years-2011-6
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