Former body armor execs on trial for insider trading


CENTRAL ISLIP, New York: Two former top executives of America's leading supplier of body armor to the U.S. military accused of insider trading in an alleged US$190 million scheme lied to push up the company's stock, a federal prosecutor said at the start of their trial Monday.

"This is a case of the naked greed of two people," U.S. Assistant Attorney Richard Lunger said in his opening statement.

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