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Do as I Say, Not as I Do
Kevin Heron warned colleagues about insider trading but apparently ignored his own advice. A jury convicted the former Amkor Technology GC of using nonpublic information while buying and selling shares. "How is anyone to know if you sell 1000 shares?" Heron said in an e-mail cited by prosecutors. "I mean think about it, the market trades over a billion shares a day, who gives a rats [sic] ass if you sell 1000." He faces a sentence of at least five years in prison and a potential fine of up to $20 million.