Federal prosecutors in Manhattan, California, a network of experts on the company Primary Global Research LLC (hereinafter referred to as "Primary Global") Pooh and former adviser to Fred - Gio (Winifred Jiau) initiated allegations, saying three unnamed hedge funds had Portfolio managers to sell inside information.
U.S. federal prosecutors in the insider trading investigation of national activities, Gio, 43, on Tuesday in Monte, California home in Foley was arrested. According to federal court in Manhattan yesterday submitted to the court documents show, she charged through the Primary Global sold to more than three hedge funds listed on the profitability of technology companies such as inside information, including Marvell Technologies (MRVL) and Nvidia (NVDA ) and so on. Prosecutors said the hedge funds paid by Gio Primary Global to 20 million.
Gio is in the insider trading investigation related with the Primary Global seventh person indicted, federal prosecutors that she was accused of hedge fund employees are collecting evidence of insider trading. The survey was open last year, when the well-known U.S. hedge fund Galleon (Galleon Group) co-founder Raj - Rajaratnam (Raj Rajaratnam) arrested.
Prosecuting attorney in the October hearing, the court held that the sailing group in the course of the investigation, Federal Bureau of Investigation (FBI) by way of tapping thousands of segments recorded dialogue. Rajaratnam Prosecutors denied the allegations against him, he will stand trial next year in Manhattan federal court.
Gio was charged with two counts, namely, securities fraud and conspiracy, securities fraud allegations in which it faced up to 20 years in prison. Yesterday, DeFazio attended a San Francisco federal court hearing was held, was district judge in South Dorsey - Wada Si (Nandor Vadas) order the detention. Wada Si scheduled for January 12 next year, held a hearing to decide whether to go to New York for trial Gio. Gio will be held today in court, the purpose is to seek bail.