Goldman Sachs Analyst To Pay Back $6.7M

Law360, New York (January 18, 2008, 12:00 AM EST) -- A former Goldman Sachs Group Inc. analyst was given time served and ordered to forfeit $6.7 million for participating in an insider trading ring that included the theft of unpublished copies of Business Week magazine.

Judge Victor Marrero of the U.S. District Court for the Southern District of New York Friday sentenced David “Jeff” Pajcin to three years supervised release. Pajcin had pled guilty in April 2006 to charges of insider trading and conspiracy.

Pajcin had been behind bars since November 2005, meaning he has already...
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