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.

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  • U.S.-Iranian citizen convicted in U.S. for trying to buy missiles for Iran
    Olangian faces a mandatory minimum prison sentence of 25 years and a maximum of life. He is scheduled to be sentenced on March 13. Lee Ginsberg, Olangian's lawyer, said the verdict "was very disappointing and we do plan to appeal." Olangian, who became a U ...
    11/21/2016 - 6:12 pm | View Link
  • Former SAC Analyst Who Aided U.S. in Probe Sentenced to Jail
    Defense lawyer ... four years assisting in a probe of firms that advise hedge funds. Another cooperator, Roomy Khan, who admitting passing illegal tips to Rajaratnam, was sentenced to a year in prison, but it was her second conviction for insider trading.
    12/1/2015 - 11:31 pm | View Link
  • Insider traders in U.S. face longer prison terms, Reuters analysis shows
    The trend is likely to continue on Monday when former SAC Capital Advisors manager Mathew Martoma is sentenced for what prosecutors have called the most lucrative insider ... the past five years. The last three years alone have seen two record sentences.
    09/1/2014 - 7:15 pm | View Link
  • U.S. seeks more than 8 years prison for SAC's Martoma
    NEW YORK, June 27 (Reuters) - Mathew Martoma, a former SAC Capital Advisors portfolio manager convicted of insider trading, should be sentenced to a "substantial" term of prison beyond the eight years recommended ... Strassberg, a lawyer for Martoma ...
    06/27/2014 - 11:45 am | View Link
  • U.S. seeks more than eight years prison for SAC's Martoma
    NEW YORK (Reuters) - Mathew Martoma, a former SAC Capital Advisors portfolio manager convicted of insider trading, should be sentenced to a "substantial" term of prison beyond the eight years recommended ... Richard Strassberg, a lawyer for Martoma ...
    06/27/2014 - 8:48 am | View Link
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