NY testimony: Payments for inside tips were hidden

Associated Press Modified: November 14, 2012 at 6:47 pm •  Published: November 14, 2012
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Tortora and Goyal have pleaded guilty to charges in the case. Goyal is scheduled to testify later in the trial, the last scheduled in the federal government's five-year crackdown on insider trading.

Prosecutors have secured 69 convictions, including those of a former billionaire hedge fund founder and a former board member for Goldman Sachs and Procter & Gamble Co.

The trial of Newman and Chiasson does not include audiotaped conversations that were pivotal in the other prosecutions. Prosecutors are relying on emails, instant messages, trading records and testimony.



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