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Ex-Foley & Lardner Partner Gets Prison For Insider Trading

Law360 (February 22, 2018, 8:01 PM EST) -- Former Foley & Lardner LLP real estate partner Walter “Chet” Little was sentenced on Thursday to over two years in prison for insider trading, following his admission that he cashed in on confidential merger information about the law firm’s clients.

Walter "Chet" Little, on left and shown in May, on Thursday was ordered to report to prison in June and forfeit roughly $453,000 in illicit proceeds. (Law360) Following a tearful allocution before U.S. District Judge Katherine Polk Failla in her lower Manhattan courtroom, Little was ordered to...
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