Yes, Pete Renzulli and Erik Solomon are formerly of HLV Trading. However, the stigma of HLV should not follow them. The reason they left HLV is because of the antics of Charlie Vaccaro. They didn't want to be associated with the rogue operation. Charles Vaccaro was puzzled that they left. He said that he has no clue why they left, "they made a ton of money". Maybe money doesn't distort the moral compass?
Rumor has it that Oliver Velez continues to solicit them to come back and work with VCM Trading / Velez Capital Management / VCM Capital. They refuse to be involved with anything Charles Vaccaro is involved with. Smart move!!!
More so, if they were to go work for Oliver Velez, it would be the tail wagging the dog. Pete Renzulli is a far more credible and effective instructor than Oliver Velez. Plus, Pete Renzulli is a profitable trader, hard worker and an honest guy.
A good strategy would be to short Velez / Vaccaro and go long Keystone. My feeling is you will never have to cover your short.