The former IBM exec, who had no idea Danielle Chiesi was just “playing” him when he passed her inside info during the course of a relationship that apparently meant a lot more to him than her, which he has twice cried in public over, has been sentenced to six months in prison.
Galleon Case
Bob Moffat Gets Half A Year To Become Hardened, Jaded, Vow To Never Open His Heart, Pants To An Analyst Again
By Bess LevinFederal District Court Judge Jed Rakoff has approved the SEC’s settlement with Schottenfeld Group, a trading firm that once employed three traders charged in the Galleon insider trading case.
The settlement seemed shaky after Judge Jed requested more information from the SEC about how regulators came up with the $460,475.28 they say Schottenfeld needs to pay in disgorgement fees. Continue reading »
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