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Browse: Home / 2017 / April / 26 / Former Expedia IT employee get 15 months in U.S. prison for insider trading — Reuters

Former Expedia IT employee get 15 months in U.S. prison for insider trading — Reuters

By Securities Docket on April 26, 2017, 9:18 am

A former Expedia Inc computer support technician was sentenced to 15 months in prison on Tuesday after admitting he stole confidential information from senior executives’ emails to profit from insider trading.

Jonathan Ly, 28, was sentenced by U.S. District Judge John Coughenour in Seattle after pleading guilty in December to a securities fraud charge for having engaged in an insider trading scheme that prosecutors said netted him $331,000.

via Former Expedia IT employee get 15 months in U.S. prison for insider trading — Reuters

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Posted in Criminal, Top | Tagged Insider Trading, Sentencing

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