A Manhattan federal judge on Thursday green lighted a lawsuit by a hedge fund operator alleging that Manhattan U.S. Attorney Preet Bharara should be held liable for a misleading affidavit used in an insider trading probe that killed the fund.
U.S. District Judge William Pauley said David Ganek of Level Global Investors, once a $4 billion fund, should at least get to gather evidence to try to prove Bharara, his deputies and FBI agents and supervisors acted irresponsibly and violated his constitutional rights.
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