He could face additional charges if government investigators find more evidence against him, said attorney Charles Ross, another white-collar defense expert. He said investigators are surely examining the activities of others connected to the hedge fund as well.

“No one seems to know which way the jurors are leaning….‘It seems to me to be a real coin-toss, and when it’s a coin-toss it favors the defense’ because the burden of proof beyond a reasonable doubt is on the prosecution, said Charles Ross, a white collar defense attorney monitoring the trial.”