On June 26, Jing Wang, former Executive Vice President and President of Global Business Operations for Qualcomm Inc., was sentenced to 18 months in prison and fined $500,000 for his role in a three-year insider trading scheme.  Wang used his position as a high-ranking executive to gain unique access to information about earnings and intended acquisitions, which he then exploited for personal gain.  Wang pled guilty to insider trading, money laundering, and obstruction of justice for orchestrating a multi-year scheme to trade on confidential information and cover up his criminal conduct.  United States v. Wang, 13-cr-3487 (S.D. Cal.).  DOJ Press Release

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