Updated Oct. 22, 2009 at 7:06 a.m.

Premium Lock Alliance@IBM calls for wider SEC probe of Big Blue executives

Published: 2009-10-22 07:06:00
Updated: 2009-10-22 07:06:44

Danielle Chiesi is alleged insider trading ring contact for IBM exec Robbert Moffat Jr. Danielle Chiesi is led in handcuffs from FBI headquarters in New York Friday, Oct.16, 2009. She is alleged to have received insider information from IBM executive Robert Moffat Jr. Chiesi and four others including Raj Rajaratnam, billionaire founder of the Galleon Group, a major hedge fund, were arrested with Rajaratnam charged with insider trading in the stock of several companies including Hilton, Clearwire, and Google. (AP Photo/ Louis Lanzano) Image 1 of 2 · Next Image…

The Skinny: IBM already faces an investigation into its mainframe business operations. The arrest of senior executive Robert Moffat Jr. last week sparks union call for probe into other possible insider trading....

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