UM Staffer Linked to Insider Trading Resigns

By: Associated Press
By: Associated Press

A senior University of Michigan medical school faculty member linked to a $276 million insider trading case has retired.
The university said last week that it was investigating the role of Dr. Sidney Gilman, and spokesman Pete Barkey tells the Detroit Free Press that the 80-year-old retired Tuesday.
Federal investigators say Gilman was involved with ex-hedge fund manager Mathew Martoma, who's accused of getting secret, advance results of tests on an experimental Alzheimer's drug.
Martoma was arrested Nov. 20 on charges filed in New York federal court.
Gilman was a neurology professor and chaired a safety committee overseeing trials of the drug.
Gilman lawyer Marc Mukasey has said his client is cooperating with investigators and has a non-prosecution agreement with prosecutors.


WILX.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 181296631