14 More Charged with Insider Trading
According to this article, fourteen more people have been charged in that Galleon insider trading scandal. That brings the number of people charged up to twenty with law enforcement saying more arrests are coming.
The case has also touched the tech world. This week, Hector Ruiz, former CEO of Advanced Micro Devices, stepped down as chairman of AMD spin-off Globalfoundries. Ruiz is not charged but is linked to the Galleon case in a U.S. attorney's complaint. In addition, Robert Moffat, a senior vice president at IBM who is charged in the case, has left the company. Others at IBM and Intel have been charged as well.