New Charges Filed In $72M Dell, Nvidia Insider Trading Case

Law360, New York (August 29, 2012, 3:12 PM ET) -- Federal prosecutors on Tuesday added another $10 million in allegedly illicit gains and new fraud charges to a case against three hedge fund executives accused of insider trading in Dell In. and Nvidia Corp. stock, a conspiracy that allegedly reaped more than $72 million.

Prosecutors added new insider trading counts against Anthony Chiasson, the co-founder of now-defunct hedge fund Level Global LP; Todd Newman, a former portfolio manager of hedge fund Diamondback Capital Management LLC; and Jon Horvath, a technology analyst for hedge fund Sigma Capital...
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