Tuesday, 5 May 2015
Last updated 8 hours ago
Sep 9 2011 | 12:04pm ET
A former analyst at Primary Global Research testified yesterday that the company sought out would-be consultants at publicly-traded companies, and offered up the example of one as a reason why.
Bob Nguyen, a technology analyst at the expert-network who has pleaded guilty to insider-trading charges, said Primary Global executives pushed him to recruit public company employees—"they were more insightful working at publicly-traded companies," he told the jury.
Nguyen, testifying in the trial of former Primary Global sales executive James Fleishman, went into detail about his dealings with one consultant, Mark Longoria, formerly of Advanced Micro Devices.
Longoria was Primary Global's most popular technology expert, Nguyen said. He described three phone calls with Longoria, who has pleaded guilty and who is expected to testify later in the trial, in which Longoria offered revenue forecasts and average sales prices.
"I stepped out of the meeting and said, 'Wow, this is pretty detailed information,'" Nguyen testified.
"I remember his saying he got [confidential revenue figures] from a buddy in finance," he added.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…