Ex-Primary Global Research LLC consultant Winifred Jiau gave secret information from insiders at technology companies she called “cooks” to hedge fund managers for a fee, prosecutors told a federal jury in New York.
A federal jury in Manhattan failed to reach a verdict yesterday in the case of Winifred Jiau, a former Primary Global Research LLC consultant charged with passing illegal inside tips to hedge fund managers.
Former Intel Corp. executive Roomy Khan, who aided the prosecution of hedge fund manager Raj Rajaratnam, may be called as a witness in Whitman Capital LLC founder Doug Whitman’s insider trading case, prosecutors said.
Facebook Inc. and its co-founder Mark Zuckerberg asked a court to order Paul Ceglia, the New York man who claims half of Zuckerberg’s holdings, to turn over the original contract and e-mails on which he bases his suit, saying the steps are needed to short-circuit a fraud on the court.
Don Ching Trang Chu , an expert consultant to hedge funds who is accused of passing inside information, had “extensive” plea talks with U.S. prosecutors, a prosecutor told a federal judge today in Manhattan.
While prosecutors await a jury’s verdict in the trial of Galleon Group LLC’s Raj Rajaratnam, they may take comfort that four defendants tied to the insider- trading probe that began with him are pursuing plea deals.
Winifred Jiau, the former Primary Global Research LLC consultant convicted of passing inside tips on publicly traded companies, should be sentenced to prison for as long as 10 years, U.S. prosecutors said.
A Manhattan federal jury began deliberating the fate of James Fleishman, an ex-Primary Global Research LLC executive charged with helping pass confidential information as part of an insider-trading scheme.