Conn. doctor accused of hedge fund insider trading

Court Alerts

A Harvard-trained physician who became a health care investment analyst has been charged in New York with evading $30 million in losses for a hedge fund by obtaining inside information from a fellow doctor.

Charges against Joseph Skowron III were announced Wednesday in a criminal complaint unsealed in U.S. District Court in Manhattan.

The Greenwich, Conn., resident is accused of gaining an advantage in his work as a hedge fund analyst through his meetings and conversations with a French doctor who knew inside information about clinical drug trials.

Defense attorney James Benjamin said he had no immediate comment on the charges against his client.

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