Marvell Didn't Fire Insider Who Shared Tips, Jury Hears

Law360, New York (August 3, 2012, 10:14 PM EDT) -- Marvell Technology Group Ltd. still employs an insider who allegedly passed tips that went to accused insider trader Doug Whitman, jurors heard Friday, as Whitman's lawyers continued to challenge the theory that the information passed was truly sensitive.

The semiconductor maker did not fire former Marvell vice president William Brennan, whose tips about Marvell's finances allegedly found their way to Whitman and his hedge fund Whitman Capital LLC, Marvell corporate controller Brad Feller said.

Brennan, who went to another California company, still advises Marvell, Feller said...
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

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.