A hedge fund manager from a prominent Denver family is expected to plead guilty on Friday to insider trading charges.
According to Dealbook Bo K. Brownstein, the head of Big 5 Asset Management and a former banker at Credit Suisse in New York, is expected to appear in Federal District Court in Manhattan and admit to making illegal profits by trading on a confidential stock tip about a corporate merger, according to two people briefed on the case who requested anonymity because they were not authorized to discuss it…
Find out more at http://dealbook.nytimes.com/2011/10/20/denver-hedge-fund-manager-to-plead-guilty-to-insider-trading/
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