Jurors in Brooklyn federal court heard opening statements from prosecutors and from lawyers for Vitaly Korchevsky, 53, and Vladislav Khalupsky, 47, who stand accused of making close to $20 million by trading stocks based on corporate press releases stolen by hackers before they were released to the public. They face charges including securities fraud and conspiracy.
via Trial begins in $20 million insider trading case over hacked press releases | Reuters.
