Ex-Trader Cops To $37M Scheme With Wilson Sonsini Atty

Law360, New York (December 8, 2011, 7:40 PM EST) -- Former stock trader Garrett Bauer pled guilty Thursday in New Jersey federal court to participating in a 15-year, $37 million insider trading scheme that relied on information from a former Wilson Sonsini Goodrich & Rosati PC attorney.

Bauer, 44, pled guilty to counts of conspiracy to commit securities fraud, securities fraud, conspiracy to commit money laundering and obstruction of justice, according to prosecutors. As part of the plea deal, the New York-based trader also agreed to forfeit $23 million, which includes the contents of his bank...
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