A former Amazon financial analyst has been sentenced to six months in prison and a $2,500 fine after admitting he tipped off a college friend to details about the company's upcoming first-quarter earnings report in spring 2015. Brett D. Kennedy was sentenced Friday after pleading guilty to a federal insider trading charge in September. Prosecutors said his former fraternity brother at the University of Washington, Maziar Rezakhani, used the information to make $116,000 trading stock and paid Kennedy $10,000. Kennedy had worked as a financial analyst at Amazon since 2013. He apologized to the company for abusing its trust and to his parents for letting them down.

Source: ABC News December 08, 2017 21:33 UTC