Seventh Person Arrested In Insider Probe Accused Of Selling Info To Hedge Funds

Dec 30 2010 | 12:58pm ET

Winifred Jiau was arrested Tuesday at her Fremont, Calif., home. Prosecutors say she sold confidential information about at least two companies to two hedge fund managers working at two different hedge funds.

Jiau passed "on point and accurate" information about quarterly results from Marvell Technology Group to the two hedge fund traders, one of whom work at two separate hedge funds in May 2008, prosecutors said.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…