04.02.2011 16:20 Uhr, Quelle: MacNN

Former Apple supplier exec indicted for insider trading

Walter Shimoon -- formerly a senior director of business development at Apple supplier Flextronics -- has been indicted along with five others on insider trading charges, says the Associated Press. Shimoon was initially caught through a federal sweep aimed at expert networking firms, in particular Primary Global Research. Such companies charge a price for getting investors in touch with analysts and other experts.

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