Segantii Founder Sadler Pleads Not Guilty to Insider Trading [Yahoo! Finance Canada]
ESPRIT HLDGS S/ADR (ESPGY)
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Source: Yahoo! Finance Canada
pleaded not guilty to insider trading, paving the way for the case to go to trial in Hong Kong. Most Read from Bloomberg Former trader Daniel La Rocca also pleaded not guilty at a Hong Kong District Court hearing on Thursday. The trial is set to start on May 4, 2026, and last 25 days. Hong Kong's securities watchdog in early May criminally charged Segantii, Sadler and La Rocca with insider dealing. The allegations led some banks and investors to reassess their dealings with Segantii, ending its 16-year run as one of the most consistent performers in Asia's hedge fund industry. Segantii has returned capital to investors, Bloomberg News reported earlier. Founded in Hong Kong in 2007 with just $26 million, Segantii by the end of March had 151 employees globally including Hong Kong, London, New York and Dubai, according to its website. At the peak in 2021, it oversaw $6.2 billion of assets, ranking it as one of the largest Asia-based hedge funds both by headcount and assets under
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