Ex-Goldman Analyst Fined $28M For Insider Trading

Law360, New York (June 3, 2010, 11:17 AM EDT) -- A federal judge has ordered David Pajcin, the convicted former Goldman Sachs Group Inc. analyst whose whereabouts are still unknown, to pay nearly $28 million in civil penalties and other fees connected with his insider trading conviction.

Judge Kimba M. Wood on Wednesday granted the U.S. Securities and Exchange Commission's motion for default judgment in the U.S. District Court for the Southern District of New York, where the agency sought a civil penalty of more than $20 million, as well as the disgorgement of $7.7 million...
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