Galleon Partners was the first name to fall in the FBI's insider trading investigation. Two more former employees entered guilty pleas. They were the 18th and 19th people. A portfolio manager named Adam Smith plead guilty to profiting from non-public material information about three mergers and earnings reports from two companies. All tips were about companies in the technology sector. A trader named Michael Cardillo was plead guilty to insider trading on six stocks.
There articles are from hedgeworld.com, reuters and finalternatives.com.
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