Judge Denies Bail In Marvell Insider Trading Case

Law360, New York (January 3, 2011, 6:47 PM EST) -- A California woman who was arrested last week and charged with selling confidential financial information about computer parts makers Marvell Technology Group Ltd. and Nvidia Corp. to two hedge funds was denied bail on Monday.

U.S. Magistrate Judge Bernard Zimmerman in the U.S. District Court for the Northern District of California detained Winifred Jiau on the grounds that she was a flight risk and ordered her U.S. and Taiwan passports turned over.

Prosecutors alleged that Jiau — who, according to Business Week, was an expert-networking consultant...
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