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Citadel wins access to Marshall Wace executives' communications in recruitment dispute

Reported · Written up by our desk · Equity Funds

Citadel has secured a court ruling allowing it to obtain communications from two senior Marshall Wace executives as part of an ongoing legal dispute over the recruitment of former portfolio manager Daniel Shatz, according to a report by Bloomberg. New York Supreme Court Justice Andrea Masley ruled that Marshall Wace executives Anthony Clake and Alan Hofmeyr fall within the scope of Citadel's subpoena, ordering the London-based hedge fund to expand its search for documents relating to Shatz's appointment as global head of credit. The dispute centres on allegations that Shatz improperly accessed

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