A Hedge Fund Manager's Son Was Charged The Death Of His Prep School Roommate In A Drunk Driving Accident

Photo: http://www.flickr.com/photos/superamit/

A New York teenager out for a late- night drive in an all-terrain vehicle was charged with negligent vehicular homicide under the influence of alcohol after a crash that killed his passenger and prep-school roommate at the luxury Yellowstone Club resort in Montana.James Sinclair Welch, 19, son of Welch Capital Partners LLC founder Leighton Welch of Bronxville, was arrested about 11:50 p.m. on Aug. 2 by the Montana Highway Patrol, according to state court documents. The victim, Parker Regan, 19, of Mendham, New Jersey, was a son of R. Christopher Regan, co-founder of the Chartis Group, a health-care consultancy.

Read the rest at Bloomberg.com >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.