UBS Tip Recipient Cops To Insider Trading
Alexei P. Koval, 36, entered his plea before Judge Paul A. Crotty in the U.S. District for the Southern District of New York. A sentencing date was scheduled for April 12.
“Based on tips from [a] conspirator, I purchased securities and traded them for profit,” Koval said.
Prosecutors then asked the judge to remand his $5...
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