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BRIEF-Hedge fund manager Cooperman must face SEC insider trading case - court
March 20, 2017 / 9:19 PM / in 7 months

BRIEF-Hedge fund manager Cooperman must face SEC insider trading case - court

March 20 (Reuters) -

* U.S. judge rejects hedge fund manager Leon Cooperman’s bid to dismiss U.S. SEC insider trading case against him - court ruling

* U.S. District judge Juan Sanchez says SEC has made a plausible claim for insider trading; judge does not rule on claim’s merits

* Judge’s ruling on insider trading also concerns Cooperman’s firm, Omega Advisors

* Judge dismisses SEC claims that Cooperman failed to file required reports with SEC, saying those claims were filed in the wrong venue ]

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