The summer after Archegos Capital Management’s March 2021 collapse, former head trader William Tomita headed to St. Tropez, France, where he played polo and partied with friends.
Lawyers for Archegos founder Bill Hwang wanted to ask Tomita about his glitzy vacation on the stand in Manhattan federal court, where he’s been testifying as one of the star prosecution witnesses in Hwang’s fraud and market manipulation trial. The defense claimed it contradicted his earlier testimony that he was wracked with pain and guilt over his conduct at Archegos at the time.
William Tomita.
Photographer: Jeenah Moon/Bloomberg
But US District Judge Alvin Hellerstein ruled last ...
