Matter of Cardillo (Commr. of Labor)

Appeal from a decision of the Unemployment Insurance Appeal Board, filed January 2, 2014, which, upon reconsideration, adhered to its prior decision ruling, among other things, that claimant was disqualified from receiving unemployment benefits because he lost his employment as the result of an act constituting a felony in connection with such employment. Claimant worked as a portfolio manager at a hedge fund for approximately six years. In October 2009, the principal of the hedge fund and certain individuals who were employed and/or did business with the fund were arrested and charged with…