Citadel has accused former portfolio manager Daniel Shatz, now head of global credit at Marshall Wace, of violating employment agreements and misappropriating confidential information to set up a competing team, according to a report by Bloomberg.
The hedge fund detailed the allegations in court filings in response to Marshall Wace’s petition seeking to quash subpoenas related to Shatz’s recruitment.
According to Citadel, Shatz accessed proprietary documents, including recruiting lists, strategi...
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