Hedge fund Element Capital Management has won an arbitration ruling allowing it to enforce a non-competition agreement against a former senior trader, delaying his move to rival firm Squarepoint Capital, according to report by Bloomberg.
An arbitrator ruled last month that Element can uphold a six-month non-compete against Jonathan Dorfman, its former head of equity markets, following a dispute over his planned transition to Squarepoint, where he had been slated to join as Global Head of Equity...
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