Analyst's Brother Sentenced For Insider Trading

Law360, New York (December 2, 2005, 12:00 AM EST) -- The brother of a former Standard & Poors analyst that participated in a $1 million insider-trading scheme he orchestrated with his brother and a family friend has been sentenced to two years’ probation by a federal judge.

William Marano will serve the first four months of his sentence under house arrest, meaning that he can only leave his home in circumstances approved by the judge. Judge Shira A. Scheindlin of the U.S. District Court for the Southern District of New York said she will permit Marano...
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