NEW YORK CITY: Prosecutors arrested a former JPMorgan Chase analyst and two friends in California Tuesday on charges they made more than $600,000 on insider trading deals, the Justice Department.
Ashish Aggarwal, who worked as an investment banking analyst for the US bank in San Francisco from 2011 to 2013, gave tips on a pair of impending technology industry acquisitions to the friends who then traded on them, an indictment said.
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