Ex-SAC Capital Manager Cops To Insider Trading

Law360, New York (April 28, 2011, 3:11 PM EDT) -- Former SAC Capital Advisors LP portfolio manager Donald Longueuil pled guilty Thursday in New York federal court to trading on inside tips gleaned through expert networking firm Primary Global Research LLC.

Longueuil, 35, admitted to U.S. District Judge Jed Rakoff that he conspired with another hedge fund manager, Samir Barai, in May 2008 to obtain confidential information about Marvell Technology Group Ltd. earnings, using the tip to buy 400,000 shares in the company.

“I am sorry for my actions, and for the pain I caused my...
To view the full article, register now.



Case Information

Case Title

USA v. Jiau

Case Number



New York Southern

Nature of Suit



Date Filed

December 23, 2010

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.