Posts Tagged ‘hedge funds’

Ex-IBM exec gets six months for inside trading

by Associated Press Published: September 14,2010

Tags: courts, hedge funds, inside trading, law enforcement, stocks and bonds

NEW YORK — A tearful former IBM executive was sentenced to six months in prison yesterday for his role in what prosecutors call the biggest hedge fund insider trading case in history. Robert Moffat, 54, was also ordered to pay a $50,000 fine by U.S. District Judge Deborah A. Batts following his guilty plea earlier […] [...]

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