Another domino in the Galleon Group insider trading case fell Wednesday as Danielle Chiesi, a former hedge fund consultant, pleaded guilty to three counts of conspiracy to commit securities fraud before Manhattan federal district court Judge Richard Holwell.
Chiesi, who worked for New Castle Funds–formerly the equity hedge fund group of Bear Stearns Asset Management, Inc., is to be sentenced on May 13, according to a press release from the New York division of the FBI.
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