August 15, 2012
Hedge fund founder and accused insider trader Doug Whitman continued using neighbor Roomy Khan as a source on Polycom Inc., even after he thought she had obtained illegal inside information, he conceded on cross-examination Wednesday.
August 14, 2012
Fund founder Doug Whitman said Tuesday that he was being "jocular" when he was recorded discussing paying sources for confidential corporate information, continuing a bid to explain away insider trading charges against him.
August 13, 2012
Hedge fund founder Doug Whitman took the stand Monday to defend himself against insider trading charges, telling jurors he did not trade on improper information.
August 09, 2012
Prosecutors trying accused insider trader Doug Whitman played a wiretap on Thursday in which the hedge fund founder seems to acknowledge that Google Inc. inside information he allegedly received broke the law.
August 08, 2012
Former Galleon Group LLC employee Roomy Khan, a government witness in the insider trading case against hedge fund founder Doug Whitman, testified Wednesday that she lied to the FBI while she was supposed to be cooperating.
August 07, 2012
Jurors in the insider trading trial of Doug Whitman on Tuesday heard a tape recording of the hedge fund founder talking to an alleged co-conspirator about having advance access to a semiconductor company's financial figures.
August 06, 2012
Ex-Galleon Group LLC employee Roomy Khan testified Monday that she gave confidential corporate information to hedge fund founder Doug Whitman, her onetime neighbor, kicking off a critical phase in the trial of the accused insider trader.
August 03, 2012
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.
August 02, 2012
Technology analysts regularly speak with company insiders to probe for information, a government witness in the trial of accused inside trader Doug Whitman admitted Thursday, as the defense tried to undercut the theory that Whitman's own digging crossed the line.
August 01, 2012
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.