Federal authorities filed charges last week in what they said is the most lucrative insider trading case in history. According to the Securities and Exchange Commission (SEC), Sidney Gilman, a neurology professor at the University of Michigan, Ann Arbor, fed secret information about clinical trials of an Alzheimer's drug to Mathew Martoma, a former portfolio manager at a division of the hedge fund SAC Capital Advisors, allowing Martoma to make more than $276 million in illicit profits and avoid losses with well-timed stock purchases and sales.
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机译:联邦当局上周就他们所说的有史以来最有利可图的内幕交易案提起了起诉。据美国证券交易委员会(SEC)称,密歇根大学安阿伯分校的神经学教授西德尼·吉尔曼(Sidney Gilman)将有关阿尔茨海默氏病药物临床试验的秘密信息提供给了前对冲部门投资组合经理马修·马托玛(Mathew Martoma)。为SAC Capital Advisors提供资金,让Martoma赚取超过2.76亿美元的非法利润,并通过及时的股票买卖避免亏损。
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