Brian Jorgensen, a former senior manager at Microsoft, was sentenced to two years in prison last week for his role in an insider trading scheme reportedly worth more than $400,000. In 2012, Jorgensen — a corporate finance manager at the company — informed his friend Sean Stokke that Microsoft was set to invest $300 million into a strategic partnership with Barnes Noble. Stokke and Jorgensen had worked together at an asset management company before the latter took his job with Microsoft. The Barnes Noble deal wasnt the only example of insider trading the pair indulged in — they repeated the process two further times in an 18 month period, making a total of $414,000, before the plots were uncovered and Jorgensen was fired.
Comments are closed.
