Judge May Nix Primary Global Consultant's Bail Bid

Law360, New York (March 22, 2011, 9:22 PM EDT) -- A New York federal judge said Tuesday that he was leaning toward denying bail to former Primary Global Research LLP consultant and insider trading defendant Winifred Jiau following her testimony over allegations that she lied about her assets to the federal government.

Judge Judge Jed S. Rakoff told a prosecutor and a lawyer for Jiau in a hearing in the U.S. District Court for the Southern District of New York that he was reinforced in his belief that there was a substantial flight risk and that...
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