Knight's Long Journey
Traders Magazine, September, 2008
* June 1999 John Hewitt joins Knight from Goldman Sachs as president
* July 2000 Bob Stellato joins Knight from Goldman Sachs as head of institutional sales
* November 2000 John Leighton, Knight's institutional sales desk manager, and his brother Joe Leighton, a Knight sales trader, both leave the firm
* June 2001 Hewitt leaves Knight
* July 2001 Stellato leaves Knight
* December 2001 Stellato files $25 million arbitration claim with NASD against Knight over his alleged improper termination and a "whistleblower" claim of front running at Knight
* January 2002 CEO Kenny Pasternak leaves Knight in wake of earnings decline
* Early 2002 SEC and NASD launch investigations into allegations of improper trading practices at...
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