Columbia's Coffee Interview About Insider Trading Probe

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Dec. 16 (Bloomberg) -- John Coffee, a securities law professor at Columbia University, discusses the expansion to companies of the federal investigation into insider trading at hedge funds. Three people who worked at technology firms including chipmaker Advanced Micro Devices Inc. were arrested along with an “expert networker.” A fifth man, Daniel DeVore, formerly a supply manager at Dell Inc., pleaded guilty in federal court in New York on Dec. 10 to conspiracy to commit securities fraud and wire fraud as part of the probe, prosecutors said today in a statement. Coffee speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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