The New York FBI has cracked another insider trading case, this time involving employees at the $7 billion Deerfield Management, a high-profile hedge fund whose managing partner warned in 2015 against investing in Valeant Pharmaceuticals due to its unsavory pricing practices. Insider trading allegations: Deerfield accused of accessing improper information In 2015, with Valeant stock trading over $100 per share, Deerfield’s New York-based Managing Partner Jim Flynn warned of the excesses at Valeant and its incisive drug pricing and distribution schemes. The stock price eventually collapsed under the weight of a federal investigation and is now trading at near $12…
FBI Alleges Another Insider Trading Case Involving "Consultants"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.