Hedge Fund Analyst Settles Insider Trading Suit

Law360, New York (October 20, 2008, 12:00 AM EDT) -- A former analyst for Dallas-based hedge fund Bonanza Capital Ltd. agreed to pay more than $330,000 in fines and other penalties to settle charges of insider trading brought by the U.S. Securities and Exchange Commission.

According to the complaint, filed Monday in the U.S. District Court for the District of Columbia, Brian D. Ladin engaged in illegal insider trading in connection with a 2004 investment offering in satellite communications company Radyne Comstream Inc., now owned by Comtech Telecommunications Corp.

Ladin served as an analyst for Bonanza...
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