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Ex-research firm executive sentenced for insider trading

Started by riky, March 16, 2013, 08:00:20 AM

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riky

Ex-research firm executive sentenced for insider trading

<p><a href="http://news.yahoo.com/ex-research-firm-executive-sentenced-insider-trading-221413381--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ds4FtSjQNhQlzGg.aVL5qg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-14T221413Z_1_CBRE92D1PRT00_RTROPTP_2_USA.JPG" width="130" height="86" alt="Tai Nguyen, president of Insight Research LLC, departs the Manhattan Federal Courthouse after a sentencing hearing regarding his pleading guilty to insider trading in New York" align="left" title="Tai Nguyen, president of Insight Research LLC, departs the Manhattan Federal Courthouse after a sentencing hearing regarding his pleading guilty to insider trading in New York" border="0" /></a>By Nate Raymond NEW YORK (Reuters) - A former investment research firm executive who pleaded guilty to providing inside information to a former SAC Capital Advisors fund manager, among others, was sentenced to a year in prison Thursday. Tai Nguyen, 50, is one of 76 people charged since August 2009 as part of a broad government crackdown on insider trading on Wall Street. Prosecutors had asked U.S. District Judge Naomi Buchwald in Manhattan to sentence Nguyen to 46 to 57 months in prison, beyond the 30 months recommended by probation officers. Nguyen's lawyer asked for a reduced sentence. ...</p><br clear="all"/>

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