Ex-F.D.A. Chemist Sentenced to 5 Years in Insider Case

“Taking advantage of his special access as a chemist at the F.D.A., Mr. Liang used sensitive inside information to reap illegal profits in the pharmaceutical securities market,” said Lanny A. Breuer, an assistant attorney general, in a statement. “For years, he exploited his position in the agency to make easy money on the stock market. But today’s sentence shows that easy money has consequences. Investors engage in insider trading at their peril.”

via Ex-F.D.A. Chemist Sentenced to 5 Years in Insider Case – NYTimes.com.