Quant Sued by Point72 Says Firm Trying to Keep His $30 Million

A former research analyst at Point72 Asset Management's quantitative trading arm filed a response to the firm's allegations of source code theft, claiming the dispute is an attempt to prevent him from receiving $30 million he says he is owed. Point72 accused the analyst of stealing proprietary source code when he departed the firm. The analyst's legal filing contends the firm initiated the lawsuit to avoid paying compensation he earned.

• Bloomberg — Quant Sued by Point72 Says Firm Trying to Keep His $30 Million

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