Adviser Who Traded On Tip From Atty Gets 6 Months In Prison

Law360, New York (February 12, 2018, 5:22 PM EST) -- A financial adviser who copped to trading King Pharmaceuticals stock after a tipsy lawyer shared inside information with him at dinner was sentenced to six months in prison on Monday by a Brooklyn federal judge, harsher than the sentence faced by the attorney who tipped him.

Tibor Klein said Robert Schulman, who represented King Pharmaceuticals, told him over dinner in 2010 about a meeting with Pfizer, and then said that "it would be nice to be King for a day." (AP) Tibor Klein covered his face with...
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Case Information

Case Title

USA v. Klein et al


Case Number

2:16-cr-00442

Court

New York Eastern

Nature of Suit

Date Filed

August 4, 2016

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