Ex-Primary Global Worker Can't Shake Insider Tips Charge

Law360, New York (June 13, 2011, 8:14 PM EDT) -- A New York federal judge on Monday rejected a former Primary Global Research LLC sales manager's request to dismiss an indictment against him in an insider trading case despite claims that it lacked details regarding the alleged crimes and conspirators at issue.

“I'm going to deny the motion,” U.S. District Judge Jed S. Rakoff told counsel for the sales manager, James Fleishman, during a hearing in advance of a trial scheduled to begin in about two months.

However, the judge ordered the government to flesh out...
To view the full article, register now.