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.
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.
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.
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.
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.
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.
Prosecutors and lawyers for Winifred Jiau, an ex-Primary Global Research LLC consultant accused of passing nonpublic information to hedge fund managers, will present their opening arguments to jurors today, a judge said.