Sri Lankan worker arrested in US over insider trading charges

Reuters – Taiwan Semiconductor Manufacturing Co (TSMC) on Friday fired a US-based manager, a Sri Lankan man, who had been arrested on charges of leaking confidential information, with the world’s biggest contract chipmaker saying he had violated company policies.

Manosha Karunatilaka, an account manager for TSMC in Burlington, Massachusetts, was one of four people arrested on charges of leaking secrets about technology companies to hedge funds, including details about Apple Inc’s iPad ahead of its launch, in a widening U.S. probe into insider trading.

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