Securities Law Prof Blog

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

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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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