Monday, August 29, 2011

The Next Big Insider Trading Case Starts Today

Manhattan US Attorney Preet Bharara faces what could be his final courtroom showdown in his massive probe of insider trading, the NY Post reports. His opponent is James Fleishman, a former vice president of sales at “expert network” firm Primary Global Research whose trial on insider-trading charges is set to begin today in Manhattan federal court.

It will also close the loop on the string of arrests that kicked off nearly three years ago, starting with the arrest of former hedge-fund billionaire Raj Rajaratman, who was convicted on all 14 charges in May.

Fleishman is accused of acting as a middleman to a pair of traders seeking illegal tips on companies like Advanced Micro Devices. Mountain View, Calif.-based Primary Global gets paid to match industry experts with investors and others seeking insight into companies...

Find out the rest at http://www.nypost.com/p/news/business/playing_downtown_insider_trading_wTEEivBzDhSNNo6ddZbEeM

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