<p>U.S. authorities have charged a former research analyst at a financial services firm with insider trading offenses related to the 2009 acquisition of software vendor SPSS by IBM.</p><p>Australian Trent Martin, 33, is charged with one count of conspiracy to commit securities fraud and one count of securities fraud, the U.S. Department of Justice announced. The charges against Martin were unsealed Wednesday in U.S. District Court for the Southern District of New York.</p><p>Martin is accused of conspiring with stock brokers Thomas Conradt and David Weishaus after he learned of IBM's plans to buy SPSS from a lawyer who represented IBM in the deal, the DOJ said in a press release. Martin, Conradt, Weishaus and their co-conspirators allegedly traded on the basis of nonpublic information and earned more than US $1 million in profits, the agency said.</p><p>Martin was arrested Saturday in Hong Kong at the request of U.S. authorities. Conradt and Weishaus, arrested earlier, pleaded not guilty on Dec. 7.</p><p><a href="http://www.cio.in/news/former-research-analyst-charged-ibm-insider-trading-case-348172013">Keep reading...</a></p>