A former wireless retail executive was sentenced to five months in prison Tuesday for selling confidential industry information to an analyst whose subsequent 2013 report on sales of BlackBerry Ltd 's newest smartphone sent the company's stock price downward. James Dunham, 60, was also ordered by U.S. District Judge Douglas Woodlock in Boston to serve five months of home confinement after his prison term and to pay $76,000 in light of his June guilty plea to a wire fraud charge. The sentence was confirmed by the office of U.S. Attorney Carmen Ortiz in Boston and came in the first case spilling out of its investigations into the black market for secret corporate information that exists outside of insider trading.
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