Insider Trader Of Dell, Nvidia Stock Pleads For Leniency

Law360, New York (April 19, 2013, 6:54 PM EDT) -- Todd Newman, a hedge fund executive who was convicted of insider trading in Dell Inc. and Nvidia Corp. shares, asked a New York federal judge Friday for a lenient sentence, saying he was not at the center of the scheme.

Newman’s lawyers asked for a sentence below the 63 to 78 months called for under federal sentencing guidelines, saying Newman was not the main player in what prosecutors called a “criminal club” of financial industry professionals who swapped confidential information on technology companies.

“While the jury...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Magistrate judge case number: 


Case Number

1:12-cr-00121

Court

New York Southern

Nature of Suit

Date Filed

February 6, 2012

Law Firms

Companies

Government Agencies

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.