Professor Sid Gilman is accused of leaking data to SAC hedge fund trader Mathew Martoma.
Gilman was paid $1,000 an hour to act as a consultant to Martoma and in 2008 allegedly gave the hedge fund manager details of a clinical trial for an Alzheimer’s drug being developed by Wyeth LLC. The neurologist treated Martoma as a “friend and pupil” while leaking him secret data for 18 months, authorities said.
Dr. Gilman has received numerous honors and awards, including honorary member of the American Neurological Association; fellow of the American Association for the Advancement of Science, the Royal College of Physicians, and the American Academy of Arts and Sciences; member of the Institute of Medicine of the National Academy of Sciences; a national associate of the National Academy of Sciences; and past president of the American Neurological Association. The Neurology Service of the U-M Hospitals was named The Gilman Service in 2003, and the Department of Neurology created an annual Sid Gilman and Carol Barbour Lecture in Neuroscience the same year.
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