Jiau Says Fraud Verdict Based On Speculation

Law360, New York (July 13, 2011, 7:58 PM EDT) -- Winifred Jiau, a former Primary Global Research LLC consultant convicted of securities fraud, asked a New York federal court Wednesday for an acquittal on charges she sold tips about technology company earnings to hedge fund managers, saying the jury relied on speculation.

Winifred Jiau, the first defendant tried in a crackdown on alleged insider trading through so-called expert network firms, argued that the government failed to prove that Sam Barai of Barai Capital Management made purchases based on illegal information she provided about Marvell Technology Group...
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