Now, he says he’s not guilty.
NYT: Mr. Moffat “denies that he provided material nonpublic information” on I.B.M., Sun Microsystems and Advanced Micro Devices, his lawyers said in papers filed in Manhattan federal court.
The SEC said the tips went to Danielle Chiesi of hedge fund New Castle, but her lawyers said yesterday she “denies any allegation that [she] received, distributed, or otherwise made use of material nonpublic information” and had knowledge of other allegations in the case.
Here’s the full Moffat SEC response, via DealBook:
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.