NJ Hedge Fund Owner To Face All Counts In 1 Trial

Law360, Clifton, N.J. (June 16, 2017, 4:59 PM EDT) -- A New Jersey federal judge has denied a bid from a purported hedge fund owner to sever one count of a four-count indictment alleging he stole $4 million from investors, but the jurist ordered a hearing on his motion to dismiss the indictment over claims the government destroyed evidence.

U.S. District Judge Kevin McNulty on Thursday refused to permit two trials for Nicholas Lattanzio, owner and manager of Black Diamond Capital Appreciation Fund LP, rejecting his assertion that jurors would be unable to “compartmentalize the evidence”...
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