FBI Raids Loch Capital Management

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Says the Journal.

Boston-based Loch Capital, run by twin brothers Timothy and Todd McSweeney, was said to be hit hard by redemptions last year after the McSweeneys' friend Steven Fortuna (AKA The Tuna) pleaded guilty to insider trading. At the time, some wondered if the requests were "nothing more than an overreaction based on speculation."

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