Jiau Can't Shake Insider Trading Conviction In 2nd Circ.

Law360, New York (October 23, 2013, 2:54 PM EDT) -- The Second Circuit on Wednesday upheld the insider trading conviction of former expert networking consultant Winifred Jiau, rejecting claims that the government improperly gathered evidence from her recorded phone conversations with a hedge fund manager.

A three-judge panel said Jiau had failed to show that recordings of her conversations with Samir Barai were wrongly admitted into evidence. Jiau, a former consultant for expert networking company Primary Global Research, allegedly passed tips from insiders at Nvidia Corp. and Marvell Technology Group Ltd. to employees at two hedge...
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