Ex-Primary Global Consultant Chu May Enter Agreement in Fund Insider Case

Don Ching Trang Chu, an expert consultant to hedge funds who worked for Primary Global Research LLC, will appear in federal court in New York to plead not guilty to insider trading charges and waive his right to be indicted by a U.S. grand jury, his lawyer said... One client was Spherix Capital LLC, a hedge fund where Lee used secret tips to trade stocks, according to Lee's guilty plea last year. Lee has pleaded guilty and is cooperating with the government's investigation of hedge funds, including Galleon Group LLC, prosecutors said.''