Prosecutors Charge Stock Analyst in SAC Case
Campaign against insider trading
Continuing its relentless campaign against insider trading, federal authorities on Tuesday announced criminal charges against a former stock research analyst in a case connected to last week's indictment of the hedge fund SAC Capital Advisors.
Sandeep Aggarwal, a former technology analyst at Collins Stewart, a research firm that has since become part of Cannacord Genuity, was charged with leaking secret information about a joint venture between Microsoft and Yahoo to at least two different hedge funds, including SAC.
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I wonder when some elected officials *cough*Pelosi*cough* are going to be hauled up on charges related to all the insider trading they engage in on a routine basis. I'd spring for a pay-per-view on that trial.