Ex-Foundry executive tipped analyst about deal - U.S. prosecutor
September 09, 2014 at 13:28 PM EDT
NEW YORK, Sept 9 (Reuters) - A former executive at Foundry Networks Inc gave an "inside edge" to a hedge fund analyst in 2008 by telling him that the data equipment maker was about to be taken over, a U.S. prosecutor said on Tuesday at the start of an insider trading trial.
