News: Microsoft ex-manager charged with insider trading

Strategic HR

Microsoft ex-manager charged with insider trading

Federal authorities filed insider trading charges on Thursday against a former senior Microsoft manager, accusing him and an accomplice of profiting almost $400,000 by trading on confidential information about the software giant, a Hindu Business Line report said.

Federal authorities filed insider trading charges on Thursday against a former senior Microsoft manager, accusing him and an accomplice of profiting almost $400,000 by trading on confidential information about the software giant, a Hindu Business Line report said.

It further said: The charges were unveiled by the US Attorney’s office in Washington and the Securities and Exchange Commission. They claimed that Microsoft portfolio manager Brian Jorgenson tipped-off his friend Sean Stokker about upcoming announcements, including quarterly earnings reports in July and October 2013.

Read the complete HBL report here

Read full story

Topics: Strategic HR, #Updates, #Corporate

Did you find this story helpful?

Author

QUICK POLL

Post-COVID, which aspect of work will technology impact the most?

2 months free subscription
q_auto,f_auto/v1599122279/mag-september-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Are we too remote for our employees?

Participate and get your free pulse report.

Participate Now