Wilson Sonsini Atty Cops To Tipping Trader In $37M Scheme

Law360, New York (December 14, 2011, 9:21 PM EST) -- Former Wilson Sonsini Goodrich & Rosati PC attorney Matthew Kluger pled guilty Wednesday in New Jersey federal court to providing confidential information that fueled a 15-year, $37 million insider trading scheme.

Kluger, 50, of Oakton, Va., pled guilty to conspiracy to commit securities fraud and money laundering, securities fraud and obstruction of justice, according to prosecutors. As part of the plea deal, Kluger agreed to forfeit the $415,000 he profited from the scheme.

“Not only did Matthew Kluger defraud the investing public, he betrayed the colleagues...
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