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Ex-hedge fund manager hit with insider trading charges again — 3 years after feds forced to drop case

Ex-hedge fund manager hit with insider trading charges again — 3 years after feds forced to drop case

Federal prosecutors said Kris Bortnovsky, co-founder of Sakal Capital Management, earned over $4 million by placing illegal trades based on tips he received from among others a friend whose family held investments and leadership roles in retailers like DSW owner Designer Brands.

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