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Ex-Morgan Stanley VP Traded On Hacked Co. Info, Jury Told

Law360, New York (June 12, 2018, 8:55 PM EDT) -- A Brooklyn federal jury on Tuesday heard of how a former Morgan Stanley vice president and an ex-broker were allegedly part of a $30 million insider trading scheme that utilized hacked corporate press releases to trade ahead of earnings announcements and other company news, as an expected month-long trial kicked off.

Following jury selection before U.S. District Judge Raymond Dearie in Brooklyn, a panel of six women and six men heard opening arguments in the securities fraud and conspiracy trial of onetime Morgan Stanley VP and...
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Case Title

USA v. Korchevsky et al


Case Number

1:15-cr-00381

Court

New York Eastern

Nature of Suit

Date Filed

August 5, 2015

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