IBM’s Moffat Gets Wish to Leave Prison Before Son Graduates
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Robert Moffat, the former International Business Machines Corp. senior vice president who pleaded guilty to leaking tips in the Galleon Group LLC case, was granted his wish to begin serving his term earlier so he will be out of prison by his son’s college graduation in May.
Moffat, who was sentenced to six months in prison for his role in the insider-trading scheme, persuaded a federal judge in New York to let him begin his sentence eight months sooner than scheduled. He’s giving up his freedom before the Thanksgiving and Christmas season to be home before his son graduates.