Winifred Jiau, the first consultant for a so-called expert network firm to go to trial on insider trading charges, was convicted on Monday of securities fraud and conspiring with hedge funds to gain an illegal market advantage.
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Prosecutors said she leaked such tips to former SAC Capital Advisors LP analyst Noah Freeman, who pleaded guilty and testified against her, and Samir Barai, a founder of the Barai Capital Management hedge fund.
The Taiwan-born Jiau, 43, lived in Fremont, California, before being arrested last December in a government crackdown on insider trading on Wall Street.
The case is USA v Winifred Jiau et al, U.S. District Court for the Southern District of New York, No. 11-00161.