Skip to comments.Ex-hedgie seeks to keep suit vs. Preet Bharara alive
Posted on 03/24/2017 10:36:52 PM PDT by Brad from Tennessee
A former hedge fund manager on Friday fought for a chance to get former Manhattan US Attorney Preet Bharara on the witness stand.
David Ganek, founder of Level Global, asked a federal appeals court to keep alive his 2015 lawsuit charging Bharara and the FBI with fabricating evidence to raid his $4 billion hedge fund in 2010.
Bharara already tried once filed to kill the suit, which a trial judge denied in March. The prosecutor then appealed the ruling.
The notion there is no remedy when an officer of the United States [lies] in an affidavit is extraordinary, Ganeks lawyer and former federal judge Nancy Gertner told the three-judge appellate panel. This is about accountability.
Level Global was raided in November 2010 as part of Bhararas wider crackdown on insider trading. Ganek contends that his name was wrongly added to the search warrant based on statements made by Level Global analyst Sam Adondakis, who was working with the government.
Ganek was never charged. Level Global co-founder Anthony Chiasson was charged and convicted of insider trading, but his conviction was overturned in 2014 an embarrassing setback for Bharara. . .
(Excerpt) Read more at nypost.com ...
Former Manhattan US Attorney Preet Bharara
was a crooked prosecutor.
He will forever be the guy who allowed Wall Street to skate on the enormous crimes that led up to the Great Financial Crisis.
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