Monday, December 14, 2020

USAO - California, Central News Update

U.S. Department of Justice
Offices of the United States Attorneys

 
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12/14/2020 12:00 AM EST

A former semiconductor engineer was sentenced today to 18 months in federal prison for committing insider trading when he obtained his publicly traded employer's non-public financial results without authorization and then illegally used the confidential information to purchase large amounts of stock prior to the information's release.
 

 

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