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Goldman Sachs Worker Admits Insider Trading

Law360 (August 28, 2007, 12:00 AM EDT) -- A former Goldman Sachs Group associate has pled guilty to his role in a massive insider trading ring, admitting he traded on tips from a grand juror, two printing plant workers and a former financial analyst who leaked him details on big mergers, including drug giant Novartis AG's takeover of Eon Labs.

Eugene Plotkin, the one-time associate in the broker's fixed-income research division, on Tuesday pled guilty in the U.S. District Court for the Southern District of New York to multiple counts of insider trading and...
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