https://www.fbi.gov/sandiego/press-releases/2015/qualcomm-sales-director-admits-insider-trading
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Old news.
Cohen was the fourth former Qualcomm executive charged with insider trading in connection with the company’s Atheros acquisition. Jing Wang, Qualcomm’s former Executive Vice President and President of Global Business Operations, pled guilty in July 2014 to insider trading and money laundering based on three separate instances in which he misused Qualcomm’s confidential information to trade in a secret brokerage account in the name of a British Virgin Islands entity. Wang—who reaped over $240,000 from his insider trading and then attempted to obstruct federal investigations into his misconduct—is to appear in federal court on February 20, 2015, at which time his sentencing hearing will be scheduled. Cohen’s co-defendant Robert Herman—who made just under $30,000 in proceeds and pled guilty in late 2014—was sentenced earlier this month to three years of probation, fined $50,000, and ordered to complete 1,500 hours of community service. The fourth insider trading defendant, Michael Fleischli, was charged in May 2014 with making approximately $3,000 from insider trading on the Atheros acquisition, and is currently on a three-year period of supervision pursuant to a deferred prosecution agreement.