Microsoft insider trading case

US Department of Justice and the Securities and Exchange Commission charged two men yesterday with 35 counts of illegally trading on private Microsoft information, which prosecutors said netted the pair more than $390,000 (£238,000) in illicit profits over an 18-month period. Brian Jorgenson, a senior portfolio manager at Microsoft, allegedly passed information to a former colleague, online day trader Sean Stokke, who reportedly executed the trades.

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