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Primary Global Research
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Primary Global Research, LLC (PGR) is an 'expert network' corporate research firm, generating revenue by matching 'consultants' to provide information to investors. Founded in 2003 and based in Mountain View, California, it provides research information on other firms in the industries of technology, healthcare, financial services, retail, energy, and real estate. Federal Probe of Insider Trading In late 2010, one of the firm's top sales executives and three of the firm's former 'consultants' were arrested on insider trading charges. Primary Global sales manager James Fleishman was arrested on December 16 for "arranging for clients, including hedge funds, to speak with consultants knowing that consultants would provide confidential information, including inside information, to clients." Information allegedly passed included secrets about Apple's iPhone. The three 'consultants' worked for technology companies and are alleged to have stolen inside information and peddled it to Fleishman. The three are Mark Longoria, a supply manager with AMD; Manosha Karunatilaka, a now-former account manager with Taiwan Semiconductor Manufacturing Co; and Walter Shimoon, 39, senior director of business development at electronics manufacturer Flextronics International. Wiretaps related to the Galleon Group insider trading case lead federal investigators to Primary Global. A cooperating witness in that case who was arrested in November 2010 is Don Chu, now 'separated' from Primary Global as their Taiwan liaison. 
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