Analyst Says He Passed Marvell Tips To Whitman

Law360, New York (August 1, 2012, 9:12 PM EDT) -- An analyst turned government cooperator said Wednesday that he passed confidential information about Marvell Technology Group Ltd. to accused insider trader Doug Whitman, taking the stand as the government begins to build its case against him with testimony and wiretaps.

Karl Motey told jurors that he passed Whitman revenue information from sources inside the data storage and sales divisions of Marvell, a semiconductor maker. Prosecutors claim Whitman, the founder of California-based hedge fund Whitman Capital LLC, traded on inside information from Marvell, Polycom Inc. and Google...
To view the full article, register now.

Related

Sections

Case Information

Case Title

USA v. Whitman


Case Number

1:12-cr-00125

Court

New York Southern

Nature of Suit

Date Filed

February 8, 2012

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.