Ex-Dell Manager Dodges Prison In Insider Trading Case

Law360, New York (December 5, 2013, 7:37 PM EST) -- A former Dell Inc. manager who provided investment firm professionals with inside information was sentenced to probation Thursday, dodging a prison term after he cooperated with prosecutors in investigations, including that of SAC Capital Advisors LP's Michael Steinberg.

Daniel L. DeVore was sentenced to two years of supervised release at a hearing before U.S. District Judge Jed S. Rakoff in Southern District of New York.

DeVore, who was global supply manager for Dell's procurement team, provided confidential Dell financial data to finance professionals through Primary Global...
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