Business

Testimony backs up Ganek

Hedge fund honcho David Ganek can breathe easier.

Sam Adondakis, a former analyst at Ganek’s $4 billion Level Global, testified that while he told plenty of folks at the now-defunct firm that he was getting illegal stock tips from a Dell insider, Ganek wasn’t one of them.

Sandy Goyal, a former Neuberger Berman analyst, pleaded guilty to obtaining confidential earnings data from his contact at Dell and then passing it on to Adondakis and others.

“What if anything did you tell Mr. Ganek about Sandy Goyal’s contact at Dell?” prosecutor John Zach asked the analyst Wednesday.

“I never told him about it,” Adondakis said.

Anthony Chiasson, Adondakis’ former boss at Level Global and Ganek’s former right-hand man, is on trial for allegedly participating in the scheme, which earned the firm millions.

Ganek, who is also a top art collector, came up again during cross-examination when Chiasson’s lawyer, Reid Weingarten, whipped out FBI interview notes that he said suggested Adondakis initially ratted out both Chiasson and Ganek.

“You incriminated Mr. Ganek and Mr. Chiasson, correct?” Weingarten said. “You alleged to authorities that both of your portfolio managers . . . were guilty of insider trading?” Adondakis said he didn’t recall saying that.

“I don’t know about Mr. Ganek,” he said at another point.

On Tuesday, Adondakis testified that he told Chaisson and others at Level Global about his Dell contact multiple times leading up to an August trade that netted the firm a cool $53 million.

They even discussed it on a private-plane ride to the West Coast, he said.

That single trade earned Adondakis an office and partner status at Level Global, he told the jury.

kwhitehouse@nypost.com