Insider Trading Investigation Moves To $3.5 Billion MIT Grad Founded Coatue Management

Coatue Management the $3.5 billion tech focused hedge fund, founded by MIT ’89 Computer Science Grad Philippe Laffonte, is under investigation for possible insider trading violations. The fund has disclosed to one of the expert networks that they are a client of, that they are being investigated. Laffont formerly worked at Julian Robertson’s Tiger Management until founding Coatue in 1999 and he has used Primary Global, the expert network firm which is at the heart of the insider trading investigation that has resulted in 49 arrests. In addition to Primary Global, Coatue is a client of the expert network firms Coleman Research Group and Gerson Lehman Group. no one from Coatue has been charged so far.