Ex-Hedge Funder Avoids More Prison For KIT Digital Fraud

By Stewart Bishop ( February 15, 2019, 10:12 PM EST) -- An incarcerated former hedge fund boss was spared additional prison time Friday for his role in a multipronged securities fraud scheme involving KIT Digital Inc. , with a Manhattan federal judge citing his cooperation in two trials that led to the convictions of the video technology startup's CEO and others. . . .

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

This past year, a handful of attorneys secured billions of dollars in settlements and judgments for both classes and individual plaintiffs against massive companies and organizations like Facebook, Dell, the National Association of Realtors, Johnson & Johnson, UFC and Credit Suisse, earning them recognition as Law360's Titans of the Plaintiffs Bar for 2025.