Broadband's Kinnucan Expected To Cop To Passing Insider Tips

Law360, New York (July 24, 2012, 9:37 PM EDT) -- Broadband Research LLC founder John Kinnucan reportedly is expected to plead guilty Wednesday to charges that he passed on illegal insider information about SanDisk Corp. and other companies.

Kinnucan, 54, plans to plead guilty Wednesday at a hearing in New York federal court to fraud charges alleging he sold insider information to hedge funds, according to a report by CNBC.

Kinnucan's company, Broadband Research, was a consulting firm based in Portland, Ore., that allegedly provided hedge funds with information it bought from inside sources at public...
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