Ex-research firm executive sentenced for insider trading
By Nate Raymond NEW YORK (Reuters) - A former investment research firm executive who pleaded guilty to providing inside information to a former SAC Capital Advisors fund manager, among others, was sentenced to a year in prison Thursday. Tai Nguyen, 50, is one of 76 people charged since August 2009 as part of a broad government crackdown on insider trading on Wall Street. Prosecutors had asked U.S. District Judge Naomi Buchwald in Manhattan to sentence Nguyen to 46 to 57 months in prison, beyond the 30 months recommended by probation officers. Nguyen's lawyer asked for a reduced sentence. ...
Source: news.yahoo.com
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