Friday, 30 January 2015
Last updated 52 min ago
Jun 7 2011 | 2:21pm ET
Another Primary Global Research consultant will plead guilty in the Justice Department's expert-network insider-trading case.
Don Ching Trang Chu, the first of 13 people arrested in the case, is to enter his plea today. Chu is charged with passing tips about three companies to former SAC Capital Advisors trader Richard Choo-Beng Lee—serving as a link between the expert-network case and the Galleon Group case.
Chu is expected to plead guilty to conspiracy charges.
Chu served as the Taiwan liaison for Primary Global Research. He is the ninth person in the case to plead guilty, his plea coming during the second week of the first trial stemming from that investigation, of fellow ex-Primary Global consultant Winifred Jiau.
Chu was arrested on Nov. 24.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…