From Bloomberg Markets and Finance.
The insider dealing case against hedge fund Segantii Capital Management, its founder Simon Sadler and former trader Daniel La Rocca has been adjourned to October 15. La Rocca and Sadler arrived at Hong Kong District Court on Tuesday after the case was moved from a lower-level magistrates’ court in June. Hong Kong authorities have accused the firm and the two men of trading $1.14 million worth of shares of fashion retailer Esprit Holdings Ltd. before a June 2017 block trade.
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