An executive at a US firm that links expert sources at public companies with hedge funds has been arrested on conspiracy charges in what could be a ground-breaking criminal insider trading case.
The FBI’s arrest of Don Ching Trang Chu, 56, an Asia and technology expert at Primary Global Research, at his home in New Jersey is part of a broader investigation of insider dealing at hedge funds.
Mr Chu has been charged with conspiracy to commit securities fraud and wire fraud and faces up to 30 years in prison if convicted on both counts.
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