Ex-Paul Hastings Atty Pays To Settle SEC Suit

Law360, New York (February 10, 2011, 3:38 PM EST) -- A former tax attorney at Paul Hastings Janofsky & Walker LLP will pay $250,000 to settle a U.S. Securities and Exchange Commission suit over his alleged insider trading using tips from a friend at Lehman Brothers Inc.

Eric A. Holzer will pay over $75,000 in disgorgement and interest, and a civil penalty of over $172,000 for allegedly receiving information on upcoming deals from a friend at Lehman, Judge John G. Koeltl of the U.S. District Court for the Southern District of New York said in a...
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