Primary Global Exec's Insider Trading Trial Kicks Off

Law360, New York (August 31, 2011, 6:47 PM EDT) -- A former sales executive at expert networking firm Primary Global Research LLC funneled insider information on Advanced Micro Devices Inc., Dell Inc. and other companies to his hedge fund clients, prosecutors told a New York federal jury Wednesday.

“Greed and deception. This is a case about traders on Wall Street getting an illegal edge,” Assistant U.S. Attorney Antonia Apps told the jurors during opening arguments in Judge Jed Rakoff's downtown Manhattan courtroom.

The trial of Mountain View, Calif.-based Primary Global executive James Fleishman is the latest...
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