The District Court has set the trial date for Segantii Capital Management Limited, its director Mr. Simon Sadler, and former trader Mr. Daniel La Rocca on 4 May 2026, following their not guilty pleas to charges of insider dealing. The Securities and Futures Commission (SFC) initiated the case, with the defendants accused of insider trading in a listed company’s shares prior to a block trade in June 2017. Sadler and La Rocca were granted bail with conditions, including cash bail, travel restrictions, and no contact with prosecution witnesses. The SFC declined further comment as the legal proceedings continue.
Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR214
