Former Dell Inc. Global Supply Manager Daniel Devore told a judge last week that he leaked inside information to clients of Guidepoint Global, a consulting and research firm.
Devore made the comment as part of his Dec. 10 guilty plea to conspiracy and wire fraud charges in Manhattan federal court.
He admitted leaking tips to clients of Primary Global Research, another research firm. Devore is cooperating with prosecutors in their probe of insider trading on Wall Street.
“I also provided material non-public information to clients of Guidepoint and Vista,” he told US District Judge Jed Rakoff, according to his plea.
Guidepoint, a so-called expert-networking firm, acquired Vista Research Inc. from Standard & Poor’s on May 21, 2009, according to a statement on Guidepoint’s Web site. Calls for comment to a spokesman for New York-based Guidepoint weren’t immediately returned.
In a widening crackdown on insider trading, federal prosecutors Thursday arrested a Primary Global sales manager, James Fleishman, and three employees of technology companies who also worked as consultants for the Mountain View, Calif.-based firm.