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U.S. Hedge Fund Manager Found Guilty On All Counts 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 found guilty today by a jury in Manhattan federal court of conspiracy and securities fraud crimes stemming from his involvement in two insider trading schemes that earned his firm more than $900,000 in illegal profits. WHITMAN was convicted on all four counts with which he was charged.

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