NYT – A French doctor and a California sales manager on Wednesday became the latest to be sentenced after being convicted in a recent federal crackdown on insider trading at hedge funds.
Dr. Yves Benhamou was sentenced to time served and three years supervised release after he cooperated with an insider-trading investigation and pleaded guilty to leaking secrets to a hedge fund manager about the biotech company Human Genome Sciences. Dr. Benhamou served as an adviser on a clinical drug trial.
