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April 26, 2017

IT worker sentenced for insider trading

SEATTLE (AP) — A former information technology worker at Expedia Inc. has been sentenced to 15 months in prison after admitting he accessed the email accounts of top executives and made lucrative illegal stock trades based on the inside information he discovered.

Jonathan Ly was sentenced Tuesday in federal court in Seattle. U.S. District Judge John Coughenour also imposed three years of supervised release.


 
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