SDNY Judge Says Feds Misled Her In Hedge Fund Case

By Jack Queen (December 17, 2021, 8:54 PM EST) -- A hedge fund executive convicted of fraud should get a new trial because prosecutors withheld evidence that could have helped him, a Manhattan federal judge ruled Friday, delivering a scathing rebuke to prosecutors for giving "misleading and flat-out incorrect" answers about what they had.

In a long-awaited ruling, U.S. District Judge Katherine Polk Failla found that prosecutors deprived former Premium Point Investments CEO Anilesh Ahuja and bond trader Jeremy Shor of a fair trial by repeatedly withholding evidence and making "misleading and erroneous statements" that were later disproved by internal government emails. The ruling is the latest in a string of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!