Sunday, 26 October 2014
Last updated 1 day 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.