Investment Analyst Fights 'Harsh' Insider Trading Sentence

Law360, New York (July 14, 2017, 2:47 PM EDT) -- Former MSD Capital LP analyst John Afriyie told a New York federal court Thursday that it would be “unnecessarily harsh and punitive” to sentence him to up to eight years behind bars for his conviction for turning a profit with inside knowledge of a $15 billion private equity buyout.

Afriyie, who is scheduled to be sentenced on July 26, argued his insider trading conviction should result in a maximum imprisonment of one year and a day, urging the court to deviate from sentencing guidelines that call for...
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