6. Guilt By Admission
In return for providing this information to Kuo, I received cash and other items of value from Kuo, including material on nonpublic information concerning other publicly traded technology companies, which I used to trade on my own account.
—Hyung Lim, a former executive at Broadcom Corp. and Altera Corp., pleading guilty to one charge of conspiracy to commit securities fraud and one charge of wire fraud in a federal court in Manhattan this week. Danny Kuo is an analyst at an investment firm.
Source: Fox Business News
Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio