Hedge fund manager, analyst latest crackdown victims.
NVIDIA Corporation / AP Photo
A federal insider-trading crackdown has nabbed two more people. Hedge fund manager Samir Barai of Barai Capital Management and analyst Sonny Nguyen of Nvidia Corp. each pleaded guilty on Friday to criminal charges related to a scheme that connected investors with industry experts in an attempt to get inside information on stock trading. Barai, who allegedly once instructed an aide to “shred as much as u can,” faces up to 20 years in prison for the charges, while Nguyen could get five years.
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