Ex-Primary Global Executive’s Phone Calls Played for Jury
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The jury at the insider-trading conspiracy trial of former Primary Global Research LLC executive James Fleishman heard the defendant’s voice for the first time on a secretly recorded phone call made by a cooperating witness.
Fleishman, of Santa Clara, California, is charged with two counts of conspiracy for his role in what prosecutors say was an scheme to pass tips from technology company employees, acting as consultants, to hedge-fund managers. As a salesman for Primary Global, Fleishman put consultants in touch with investors. He faces as long as 25 years in prison if convicted.