Not sure this beats prison
Posted: Tue Jun 21, 2016 10:42 am
https://www.yahoo.com/finance/news/repo ... 57235.html
Sanjay Valvani, a portfolio manager at Visium Asset Management who was charged with insider trading last week, was found dead Monday night.
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A New York Police Department representative said Valvani was found by his wife and left a suicide note.
Valvani, 44, turned himself in to authorities last week. He was charged with netting about $25 million for an unnamed investment firm using inside information on the pending approval of a generic drug. Valvani had pleaded not guilty.
Visium had placed Valvani on leave earlier this year after it announced that it was under investigation. The hedge fund said on Friday that it would shut down its operations.