Joanna Hendon, Jiau’s lawyer, told jurors that while her client passed nonpublic information, it wasn’t “material,” or something a reasonable investor would consider important in trading or to have a bearing upon a stock price. “We’re going to prove to you beyond a reasonable doubt that none of that information she provided was material, and certainly there was no crime,” Hendon said.
Hendon said her client, a naturalized U.S. citizen originally from Taiwan, had a golden retriever waiting at home. “Put an end to this misguided prosecution,” Hendon said. “Send Ms. Jiau back to California, and to her dog.”