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Wed May 24, 2017, 07:24 PM

Five Accused of Trading Illegally on Health Policy Leaks.

'Federal authorities charged five people, including three who worked for a New York hedge fund, with insider trading in shares of several health care stocks using confidential information passed on by a health care consulting firm.

Three current and former partners at Deerfield Management, a health care hedge fund firm, paid an employee of the Washington health care consulting firm to provide inside information about policy decisions at the Centers for Medicare and Medicaid Services, or C.M.S., a move that led to millions of dollars in illegal profits, according to federal prosecutors in New York and securities regulators.

David Blaszczak, a former employee at C.M.S. and founder of Precipio Health Strategies, was accused on Wednesday of pumping a friend at C.M.S. for market-moving information that he then passed along to the three partners at Deerfield, according to an unsealed indictment.

Two of the partners, Rob Olan and Ted Huber, were named in the indictment on Wednesday and are listed on Deerfield’s website as partners. Jordan Fogel, who worked at Deerfield from 2006 until last year, was charged separately and pleaded guilty this month.'>>>

https://www.nytimes.com/2017/05/24/business/dealbook/five-accused-of-trading-illegally-on-health-policy-leaks.html?

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Reply Five Accused of Trading Illegally on Health Policy Leaks. (Original post)
elleng May 2017 OP
malaise May 2017 #1
elleng May 2017 #2
malaise May 2017 #3
sarah FAILIN May 2017 #4
malaise May 2017 #5

Response to elleng (Original post)

Wed May 24, 2017, 07:25 PM

1. What about Price?

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Response to malaise (Reply #1)

Wed May 24, 2017, 07:35 PM

2. Price?

What price? High price? Low price?
LOL ???

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Response to elleng (Reply #2)

Wed May 24, 2017, 07:37 PM

3. HHS

Wasn't there serious talk of insider trading?

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Response to malaise (Reply #1)

Wed May 24, 2017, 07:38 PM

4. EXACTLY!!

Why is he not under the jail yet?

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Response to sarah FAILIN (Reply #4)

Wed May 24, 2017, 07:45 PM

5. This must be the most corrupt

bunch of goons in history

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