Bloomberg – A former Primary Global Research LLCconsultant got friends at Nvidia Corp. (NVDA) and Marvell Technology Group Ltd. (MRVL) to give her financial data she sold to her “hedge fund paymasters,” a prosecutor told a jury.
“This was a brazen insider-trading scheme, and at the heart of it was Winifred Jiau,” Assistant U.S. Attorney Avi Weitzman said yesterday in closing arguments at her trial in Manhattan federal court. “Just like her hedge fund clients, she did it for the money,” he said.
