Ex-Wyoming fund exec turned insider trading witness avoids prison

April 23, 2015 8:12 PM

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NEW YORK, April 23 (Reuters) - A former Wyoming Retirement System chief investment officer was spared prison on Thursday after becoming a key witness in an investigation into a scheme to trade on insider tips supplied by a former Foundry Networks Inc executive.

John Johnson was sentenced to two years of supervised release by U.S. District Judge Valerie Caproni in Manhattan, entering a new guilty plea to conspiracy and securities fraud charges.

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