Wednesday, December 5, 2007
Former Morgan Stanley analyst Jennifer Wang and her husband Reuben Chen, a former ING hedge fund analyst, were each sentenced to one and a half years in prison for insider trading. Prosecutors changed that the couple traded on information Ms. Wang misappropriated from her employer, profiting by $600,000. The judge postponed Ms. Wang's sentence until after her husband's was completed, so that one of them would be at home with their infant. NYTimes, Couple Sentenced for Insider Trading.