Updated Oct. 18, 2009 at 2:05 p.m.

Premium Lock Insider trading case snares a top IBM executive with RTP connections

Published: 2009-10-17 16:20:00
Updated: 2009-10-18 14:05:49

Robert Moffat Robert Moffat (IBM photo)
Tags: IBM, Lenovo

Robert Moffat, who has been cited as a possible successor to IBM Chairman and CEO, and runs Big Blue’s $20 billion hardware business, is among six people charged in case. A former executive with IBM’s PC business unit that was based in RTP, he also has been a board advisor to Lenovo, which bought that group in 2005....

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I have a link to the criminal complaint and other official documents from the US Attorneys against Raj Rajaratnam and a very brief write up on the technical charges against him on my blog here if anyone is interested:

http://www.modernbandit.com/2009/10/billionare-founder-of-galleon-group.html

Or click here to go directly to it.
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