Whitman Capital

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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.

U.S. Hedge Fund Manager Found Guilty On All Counts For Insider Trading

Gavel

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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