We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Drug Exec, Son Sentenced To Jail For Insider Trading

Law360 (July 20, 2007, 12:00 AM EDT) -- A federal judge has sentenced a former Taro Pharmaceutical Industries Ltd. executive, his lawyer son and the son's friend to time behind bars for allegedly participating in an insider trading scheme that earned them more than $2 million.

The former vice president of Taro, 62-year-old Zvi Rosenthal, on Friday received the harshest sentence—five years in prison and a fine of $100,000—from Judge John Gleeson of the U.S. District Court for the Eastern District of New York.

Zvi Rosenthal's son, Amir Rosenthal, 29, an attorney, was sentenced...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.