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Robert Kwok, a former Yahoo executive, and Reema Shah, a former Ameriprise Financial portfolio manager, pleaded guilty to insider trading charges , the Wall Street Journal reports. Under a plea agreement, Kwok can expect a sentence of up to six months. Prosecutors accused Kwok of giving Shah inside information on Yahoo.
Raj Rajaratnam's unjustified sentence is 11 years, but any sentence for insider trading is unjustified.
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