A former employee of Advanced Micro Devices, Mark Anthony Longoria, who also worked for Primary Global Research has plead guilty his lawyer said today. Longoria was a popular consultant for Primary Global. Public documents indicate that he tipped off two managers at hedge funds including Richard Lee. He is also allegedly gave information to...

Harvard Business School Alum Sam Barai, who managed the hedge fund Barai Capital Management until he was arrested, had at least one source for his inside information, who was today indicted on insider trading charges. Winifred Jiau (jow), who worked for Primary Global research has been charged with conspiracy and securities fraud. Ms. Jiau...

Preet Bharara, the Manhattan U.S. Attorney spearheading the government's prosecution in the present hedge fund trading scandal, has recommended more stringent sentencing guidelines for insider activity. In the past 18 months, Bharara's office has charged 46 people with insider trading. Most were related to the case against Galleon Group founder Raj Rajaratnam, who has...

The Walt Disney Executive Assistant who conspired with her boyfirned to sell info about Disney was sentenced to four months of home confinement for conspiring to sell confidential info about the company. In addition, the employee Bonnie Hoxie will serve three year probation and will perform 100 hours of community service.

Bonnie Hoxie, An Executive Assistant and Secretary to Disney's Head of Corporate Communications, will be sentenced next Tuesday to what some could be a long prison stretch. Hoxie pleaded guilty in September to wire fraud and conspiracy to commit sire fraud. Her sentencing is being watched carefully by Wall Street players, especially those involved...

JAT Capital, started by John Thaler with $1 billion, was subpoenad for documents by the FBI regarding use of expert networks. The firm has not been accused of wrongdoing. Thaler covered tech, media and telecomm sectors which is where the FBI has focused its investigation.

A former Galleon Group fund manager says that Raj Rajaratnam knew days before his arrest that Cisco System had a major acquisition in the works with the $2.9 billion purchase of telecommunications giant Starent Networks. Rajaratnam, Galleon's founder was arrested as part of the largest U.S. hedge fund insider case in history. Prosecutors revealed...

Coatue Management the $3.5 billion tech focused hedge fund, founded by MIT '89 Computer Science Grad Philippe Laffonte, is under investigation for possible insider trading violations. The fund has disclosed to one of the expert networks that they are a client of, that they are being investigated. Laffont formerly worked at Julian Robertson's Tiger...

What is being said to the students at Harvard's Business School about the arrest and actions of Havard's B School Alum Sam Barai? It has been said publicly that Nitin Nohria was chosen as the new Harvard Dean because of his reputation as an ethics focused leader. He said recently " Are we educating...