Technology Slice Blog

Gerson Lehrman In Probe - Federal Bureau of Investigation agents questioned a consultant for Gerson Lehrman Group in August as part of the probe, according to people familiar with the matter. The consultant, an employee of Marvell Technology Group Ltd., provided information about the technology industry to a Gerson client, Diamondback Capital Management LLC, a hedge fund the FBI raided last week, the people said. Gerson controls two-thirds of the market for expert networks, which set up meetings and calls with current and former managers from hundreds of companies for hedge-fund and other traders seeking an investing edge, according to Integrity Research Associates, a New York firm that tracks expert networks. A spokesman for Marvell, a Santa Clara, Calif., semiconductor company, declined to comment, as did representatives for the FBI and the Manhattan U.S. attorney's office. The development is part of an insider-trading investigation examining the activities of expert-netwo...