FBI arrests 4 more in an insider-trading investigation

FBI Mobile Command Center - Washington Field O...
Four senior managers of publicly traded high-tech companies were arrested in the U.S. government's expanding investigation into insider trading. They worked on the side as consultants for an expert-network firm. The FBI said the four violated the law by selling nonpublic information from major technology companies, including Apple, Dell and Seagate, to hedge funds. "The information trafficked by the four 'consultants' went way beyond permissible market research," the FBI said. Full story here

No comments:

Post a Comment