December 19, 2013 / 8:20 PM / 4 years ago

BRIEF-U.S. authorities charge Microsoft portfolio manager, friend with insider trading

Dec 19 (Reuters) - * SEC says charges Microsoft Corp senior portfolio manager Brian

Jorgenson and a friend with insider trading * SEC says jorgenson and the other defendant, Sean Stokke, were also criminally

charged by U.S. Department of Justice * SEC alleges that stokke traded in advance of public announcement that

Microsoft planned to invest in Barnes & Noble Inc e-reader business * SEC alleges that stokke also traded in advance of microsoft’s July 2013

quarterly earnings announcement * SEC alleges that jorgenson tipped stokke in advance about the news, and that

both defendants made a combined $393,125 illegal profits

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