The former employee is being charged with one count of conspiring to commit securities fraud.
Marvell Technology (NASDAQ:MRVL) has a potential upside of 68.2% based on a current price of $11.94 and an average consensus analyst price target of $20.08.
The New York Times reported that federal prosecutors announced charges on Wednesday against a former employee at Marvell Technology (NASDAQ:MRVL), accusing him of participating in an insider scheme that directed corporate secrets
