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Fund manager's faint no proof of guilt

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NEW YORK (KNOE 8 News/AP) - A judge says jurors can't be told that an insider trading suspect fainted when confronted by federal agents. The federal judge in New York says that's not evidence of guilt.

Judge Paul Gardephe ruled Monday in the case of former hedge fund manager Mathew Martoma. He will stand trial this week.

Prosecutors say Martoma persuaded a medical professor to leak secret data from an Alzheimer's disease trial between 2006 and 2008, while Martoma worked at SAC Capital Advisors. The hedge fund company was founded by billionaire Steven A. Cohen.

Martoma fainted when FBI agents approached him outside his Florida home in 2011.

Gardephe says that's not proof of guilt. He says being accused of insider trading is likely shocking and highly disturbing, whether someone is guilty or innocent.

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