The charges centered on trading in shares of Dell and Nvidia based on secret financial information obtained from insiders at the companies.
(AP) HARTFORD: JUROR PLEADS A West Haven man faces prison time for revealing secret information he obtained when he served on a federal grand jury investigating organized crime.
As DealBook reported, federal prosecutors accused Mr. Van Gilder, 45, of trading based on secret information he obtained in advance of a private investment firm acquiring a significant stake in an oil and gas company.
An insurance executive in Denver was charged on Friday by federal prosecutors with trading based on secret information he obtained in advance of a private investment firm acquiring a significant stake in an oil and gas company.
Warren Hoge (NYT) BRITAIN: NEW CHARGE FOR EX-SPY -- A former British spy, David Shayler, who faces accusations of disclosing state secrets in a 1997 newspaper article, was charged with a new violation of the Official Secrets Act by passing information obtained by tapping phones.
Unfortunately, FOIA Exemption number 4 protects" trade secrets and commercial or financial information obtained from a person [that is] privileged or confidential".
Thus, any government documents that might involve "trade secrets and commercial or financial information obtained from a person and privileged or confidential" are exempt.
In a letter accompanying the documents the MPD sent to attorney Jeffrey Light, who filed the records request on behalf of VICE News, the department said it consulted with the FBI and decided to withhold Stingray training and operator manuals in their entirety under an exemption that covers "trade secrets and commercial or financial information obtained from outside the government".
Under the new USA Patriot Act, for example, the C.I.A. can have access to secret grand jury material and wiretap information obtained under the Foreign Intelligence Surveillance Act.
The revelation of a top-secret programme to data-mine digital information obtained with the co-operation of the nine companies added to a storm of controversy surrounding the NSA's surveillance operations.
