Disney Secretary's Boyfriend Cops To Insider Trading

Law360, New York (August 23, 2010, 5:21 PM EDT) -- The boyfriend of a former Walt Disney Co. insider pled guilty Monday to trying to sell the financial secrets of the entertainment giant to a slew of hedge funds.

Yonni Sebbag pled guilty to wire fraud and conspiracy at a hearing in the U.S. District Court for the Southern District of New York. Prosecutors had accused him of auctioning off confidential Disney information that he obtained from Bonnie Hoxie, an employee of the company who also happened to be his girlfriend.

Sebbag now faces 27 to...
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