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Thursday, March 11, 2010

More Wore Wires in Bid to Investigate Inside Trades in Galleon Case


The Wall Street Journal- Federal prosecutors in Manhattan equipped several cooperating witnesses with recording devices to try to obtain information about targets in the Galleon insider-trading probe, people familiar with the matter say. Among them is Franz Tudor, a former Galleon Group hedge-fund trader, the people familiar with the matter say. Mr. Tudor, 36 years old, made recordings last year in an attempt to extract information from two friends and colleagues who are defendants charged in an insider-trading conspiracy, Zvi Goffer (left) and Michael Kimelman, the people say.






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