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- Joseph F. “Chip” Skowron III (c. 1968) is an American former hedge fund co-portfolio manager of FrontPoint Partners LLC's health care funds. He was convicted of insider trading, for which he served five years in prison. He was also required to repay his hedge fund employer $32 million it had paid him in compensation, because he had been a “faithless servant.” (en)
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- Joseph F. Skowron III (en)
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- 27372 (xsd:nonNegativeInteger)
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- *Vanderbilt University
*Yale University Medical School
*Yale Graduate School (en)
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| dbp:birthName
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- Joseph F. Skowron III (en)
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- two daughters; two sons (en)
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| dbp:criminalCharge
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- Conspiracy to engage in insider trading and obstruction of justice (en)
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| dbp:criminalPenalty
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- Five years in prison followed by three years of supervised release; $5 million to be paid to the government; $2.7 million SEC penalty; restitution to be paid to Morgan Stanley for legal fees and 20% of his compensation . (en)
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| dbp:criminalStatus
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- Convicted; released from prison after serving term (en)
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| dbp:employer
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- FrontPoint Partners LLC (en)
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- *Convicted for insider trading;
*Required to pay back his employer $31 million—100% of the compensation he earned—because his insider trading resulted in him being a "faithless servant" under New York law. (en)
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- Hedge fund portfolio manager (en)
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| rdfs:comment
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- Joseph F. “Chip” Skowron III (c. 1968) is an American former hedge fund co-portfolio manager of FrontPoint Partners LLC's health care funds. He was convicted of insider trading, for which he served five years in prison. He was also required to repay his hedge fund employer $32 million it had paid him in compensation, because he had been a “faithless servant.” (en)
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