Segantii Trial Moves to Court That Can Hand Out Longer Sentences

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District Court News

Simon Sadler,Magistrates’ Court,Bloomberg

(Bloomberg) -- The insider trading case against hedge fund Segantii Capital Management Ltd. and its founder Simon Sadler is moving to a higher Hong Kong...

-- The insider trading case against hedge fund Segantii Capital Management Ltd. and its founder Simon Sadler is moving to a higher Hong Kong court that can hand out longer sentences for convictions, according to people familiar with the matter.Hong Kong authorities plan to transfer the criminal proceedings to the District Court from a Magistrates’ Court that’s currently handling the case, the people said.

Hong Kong’s Securities and Futures Commission, the Department of Justice and Segantii declined to comment. Philanthropist who gave $30M to U Manitoba condemns 'hateful' valedictory speech, university for allowing it Seeking revenge for his stolen iPhone, Kevin Bui set a house on fire, killing an uninvolved family of five. He pleaded guilty to second-degree murder.CNN senior legal analyst Elie Honig reacts to the prosecution and defense arguing about how jury instructions should proceed in former president Donald Trump’s hush money trial.

 

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