Primary Global Exec. Pleads Not Guilty In Insider Case

Feb 9 2011 | 11:40am ET

The first of the 11 people charged in the Justice Department's ongoing insider-trading investigation has pleaded not guilty.

James Fleishman, a former sales executive at expert-network firm Primary Global Research, entered his plea on Monday in Manhattan federal court. Four people have already pleaded guilty in the case, including a Primary Global employee and former SAC Capital Advisors hedge fund manager.

Fleishman was one of the first six arrested in the case in December. According to prosecutors and the Securities and Exchange Commission, Fleishman acted as conduit for confidential information, passing tips from Primary Global's consultants to its clients.

Fleishman's not guilty plea came just a day before prosecutors arrested four hedge fund employees in the case, including two former SAC managers.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note