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

Feds Net Another Arrest In Insider-Trading Scheme

Law360 (May 11, 2006, 12:00 AM EDT) -- Broadening a nine-month long investigation into an insider-trading scandal involving employees of investment banks Merrill Lynch & Co. Inc. and Goldman Sachs Group Inc., federal prosecutors have nabbed a postal worker for tipping two former investment bankers about a grand jury’s accounting fraud probe of Bristol-Meyers Squibb Co.

Michael Garcia and Mark Mershon of the U.S. Attorney's office in Manhattan said this week that Jason Smith of Jersey City, N.J., has been arrested for allegedly leaking confidential information to former Goldman Sachs analyst Eugene Plotkin and...
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.