Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, December 5, 2007

Husband and Wife Sentenced on Insider Trading Charges

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.

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