More information emerged on Tuesday about the use of recording devices in the Galleon insider-trading probe, as the WSJ reported that US federal prosecutors equipped several co-operating witnesses with recording devices to try to obtain information about targets in the Galleon case. Among them Franz Tudor, a former Galleon Group hedge-fund trader, made recordings last year of two friends and colleagues who have pleaded not guilty to insider-trading charges. It is unclear however whether the information Tudor obtained will ultimately be used in the prosecution.

This entry was posted by Gwen Robinson on Wednesday, March 10th, 2010 at 4:46 and is featured in The 6am Cut London (10 Mar 2010), The Lunch Wrap (10 Mar 2010) . Tagged with Galleon. Edit this entry.