U.s. Lawyer Sentenced To Record 12 Years For Insider Trading

NEW YORK (Reuters) - A U.S. lawyer who worked for some of the country's most prestigious firms was sentenced on Monday to a record 12 years jail for an insider trading scheme which lasted 17 years and netted more than $37 million between 1994 and 2011.

ASK NEWS:
  • SAC Record $1.8 Billion Insider Plea Caps 7-Year U.S. Probe - Washington Post
    U.S. judge accepts SAC guilty plea, approves $1.2 billion deal - Hartford Courant
    04/10/2014 - 10:07 am | View Link
  • News Wrap: Hedge fund SAC Capital to pay $1.8 billion in plea deal ... - PBS
    U.S. judge accepts SAC guilty plea, approves $1.2 billion deal - Yahoo! News
    04/10/2014 - 8:59 am | View Link
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BING NEWS:
  • ‘Remorseful’ SAC Urges Approval of U.S. Insider Trading Pact
    SAC Capital Advisors LP urged a federal judge to approve its record $1.8 billion insider-trading settlement ... Steinberg and Martoma haven't been sentenced. They were both convicted of charges that carry maximum sentences of 20 years in prison.
    03/26/2014 - 1:00 pm | View Link
  • Two charged in U.S. insider case with tips on chewed-up napkins
    The case is the latest in a multi-year federal crackdown on insider ... the lawyer Matthew Kluger was charged with passing tips to the trader Garrett Bauer, with the help of middleman Kenneth Robinson. Kluger was sentenced to 12 years in prison, Bauer ...
    03/19/2014 - 8:09 pm | View Link
  • SAC Capital Timeline: Insider Scheme Started in 1999, U.S. Says
    His lawyer ... a record $616 million to settle SEC’s charges regarding Martoma’s and Steinberg’s trades. Jan. 9: Wesley Wang, a former analyst for Sigma Capital who cooperated with the government’s investigation of insider trading, was sentenced ...
    07/25/2013 - 9:58 pm | View Link
  • Contorinis Insider Case Upheld in Ruling That May Aid U.S.
    Contorinis, 48, was convicted in Manhattan federal court in 2010 and sentenced ... who is serving 10 years for insider trading after being convicted last year, raised the same argument as Contorinis on his appeal. Goffer’s lawyer, Alexander Dudelson ...
    08/17/2012 - 5:38 pm | View Link
  • Lawyer sentenced to record 12 years for $37 million insider trading scheme
    NEW YORK -- A former attorney who worked for some of the country's most prestigious law firms was sentenced on Monday to a record 12 years in jail for an insider trading scheme which lasted 17 years and netted more than $37 million between 1994 and 2011.
    06/5/2012 - 7:34 am | View Link
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