"In a complaint filed in federal court in Manhattan on Friday, Jane Street alleged that Douglas Schadewald and Daniel Spottiswood, two former employees who defected to the multi-manager firm earlier this year, had stolen a “highly valuable, unique, and proprietary” trading strategy."
swidup
commented
6 months ago
https://www.ft.com/content/b7b2508a-e68c-42d3-864e-2eec0c4541a3
https://nypost.com/2024/04/12/business/izzy-englanders-hedge-fund-sued-by-rival-who-claims-trade-secrets-were-stolen/
"In a complaint filed in federal court in Manhattan on Friday, Jane Street alleged that Douglas Schadewald and Daniel Spottiswood, two former employees who defected to the multi-manager firm earlier this year, had stolen a “highly valuable, unique, and proprietary” trading strategy."