An ex-stockbroker testified about his trading.

Peter N. Brant, the key prosecution witness in the fraud trial of former Wall Street Journal reporter R. Foster Winans, acknowledged that he and his clients had suffered paper losses of $3.5 million in the two weeks before a meeting at which Winans contends Brant first suggested a scheme to profit from trading stocks on the basis of leaks on Winans’ upcoming Journal columns. But Brant stuck to his story that the idea was Winans’. Defense attorneys are trying to show that Brant has lied in other testimony, including his claim that Winans and two co-defendants participated in a cover-up of the arrangement.