Segantii Founder Sadler Pleads Not Guilty to Insider Trading (1)

Hedge fund firm Segantii Capital Managementand its founder Simon Sadlerhave pleaded not guilty to insider trading, setting the stage for a high-profile criminal trial in Hong Kong.

Former trader Daniel La Rocca also pleaded not guilty at a packed Hong Kong District Court room on Thursday. The trial is set to start on May 4, 2026, and last 25 days.

Sadler and La Rocca face a maximum prison sentence of seven years if convicted. The court extended their bail terms.

Hong Kong’s securities watchdog in early May criminally charged Segantii, Sadler and La Rocca with insider dealing. ...