Ex-Sky Capital Broker Testifies On Strip Clubs, Bonuses

Law360, New York (July 11, 2011, 7:02 PM EDT) -- A former broker for Sky Capital LLC testified Monday in a New York federal trial over an alleged $140 million investment fraud that he received perks for pushing company stock, including undisclosed bonuses and outings to strip clubs and a London brothel.

McKyle Clyburn testified in the trial of former Sky Capital CEO Ross Mandell and associate Adam Harrington over allegations that they encouraged brokers to lie to investors and bribed brokers into helping to inflate the value of Sky Capital stock.

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