Feds Call Jiau Brazen Schemer In Trading Trial Close

Law360, New York (June 16, 2011, 7:48 PM EDT) -- Wrapping up their insider trading case in New York against former Primary Global Research LLC consultant Winifred Jiau, prosecutors on Thursday painted her as a brazen trafficker in illicit tips who made thousands of dollars from hedge funds while plying sources with little but regifted lobsters, meals and an iPhone.

Jiau, 43, was enterprising in her development of sources within public companies including Marvell Technology Group Ltd. and Nvidia Corp., luring them with offers of friendship and stock tips, assistant U.S. attorney Avi Weitzman told jurors...
To view the full article, register now.