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Hedge Fund Manager Sentenced To 24 Months In Prison For Insider Trading

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Preet Bharara, the United States Attorney for the Southern District of New York, has announced that DOUG WHITMAN, a portfolio manager at Whitman Capital, LLC, was sentenced Thursday in Manhattan federal court to 24 months in prison for his involvement in two insider trading schemes that earned his firm more than $900,000 in illegal profits.

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