Martoma Sentenced to Nine Years in Insider-Trading Case

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Mathew Martoma, who worked for hedge-fund billionaire Steven A. Cohen, was condemned to 9 years in jail Monday for holding partial in what prosecutors pronounced was one of a largest insider-trading schemes ever.

The sentence, among a stiffest handed down for insider trading, comes 3 years after prosecutors and sovereign investigators circled in on Mr. Martoma, anticipating he could be swayed to spin on his boss. Despite fainting when…

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