Attorney Couple Pleads Guilty To Insider Trading

Law360, New York (May 10, 2007, 12:00 AM EDT) -- A husband and wife team of attorneys, one a former employee of Morgan Stanley & Co., pled guilty to insider trading Thursday, just one part of a massive insider trading ring that may have made more than $15 million through an alleged securities fraud scheme.

Randi Collotta, a former Morgan Stanley attorney, and her husband Christopher Collotta, an attorney with private firm Zabell & Associates PC, pled guilty to conspiracy and securities fraud in the U.S. District Court for the Southern District of New York. They...
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