January 07, 2021
A unit of high-frequency trading firm Virtu Financial has shot back at a recommendation that it should only get about $401,500 in attorney fees and costs after scoring a win in a trade secret case against an ex-employee, arguing it should be able to collect millions of dollars.
December 03, 2020
A magistrate judge has recommended that a unit of high-frequency trading firm Virtu Financial get only a fraction of the $3.2 million in attorney fees it sought for its win against a former employee, saying that $344,000 was a reasonable fee award.
March 13, 2020
A unit of high-frequency trading firm Virtu Financial scored a victory against a former employee, after a New York federal judge ruled that the company had an unwritten policy blocking quantitative strategists from accessing each others' "secret sauce."