Securities Law Prof Blog

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

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Friday, May 27, 2011

Former Nvidia Analyst Pleads Guilty in Expert-Networks Insider Trading Investigation

The feds have another notch on its belt in its ongoing investigation of insider-trading at expert-networks firms.   Sonny Nguyen, a former Nvidia financial analyst, pleaded guilty today to providing tips on the firm's earnings between 2007-08 to Winifred Jiau, a former consultant with Primary Global Resources, in exchange for other stock tips.  Ms. Jiau's trial is scheduled to begin soon, and he is expected to testify as a government witness.

In addition, another individual, Sam Barai, a former hedge fund manager, is expected to plead guilty this afternoon.

WSJ, Ex-Nvidia Analyst Pleads Guilty in Insider Trading Case

http://lawprofessors.typepad.com/securities/2011/05/former-nvidia-analyst-pleads-guilty-in-expert-networks-insider-trading-investigation.html

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