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Browse: Home / 2014 / January / 07 / SAC Trial Seen by Probe Convict as Latest Abusive Tactic – Businessweek

SAC Trial Seen by Probe Convict as Latest Abusive Tactic – Businessweek

By Securities Docket on January 7, 2014, 9:49 am

James Fleishman knows what that’s like.

He faced the same potential doom, and like Martoma, argued he was unfairly targeted in a U.S. effort to develop evidence of wrongdoing by others. A former software salesman who found his job with expert-networking firm Primary Global Research LLC on the Internet, Fleishman resisted pressure to make a deal, just as Martoma did. Fleishman was tried for insider trading, convicted and eventually served 14 months in prison….

As Martoma defends himself in a three-week trial over charges he orchestrated the biggest insider trade in U.S. history, Fleishman reflected on what went into his decision to fight, and the price he paid for it.

via SAC Trial Seen by Probe Convict as Latest Abusive Tactic – Businessweek

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Posted in Criminal | Tagged Insider Trading, Web Watch

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