Ex-Qualcomm Exec Pleads Guilty To Insider Trading

Law360, Los Angeles (July 21, 2014, 8:05 PM EDT) -- Former Qualcomm Inc. executive Jing Wang on Monday pled guilty in California federal court to criminal charges of insider trading in shares of Qualcomm and Atheros Communications Inc. stock and laundering the proceeds through an offshore shell company, the U.S. Department of Justice announced.

Wang, Qualcomm's former executive vice president and president of global business operations, pled guilty to obtaining $250,000 in insider trading profits, according the Department of Justice's announcement. Assistant Attorney General Leslie R. Caldwell of the DOJ said in the announcement that Wang's...
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