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2 charged with insider trading involving law firms
Topics | 2011/04/06 09:13
pFederal authorities have charged two men with running an insider trading scheme that netted more than $30 million with information stolen from law firms.
Garrett Bauer is scheduled to appear in U.S. District Court in Newark, N.J., on Wednesday afternoon. Matthew Kluger will make his first appearance in federal court in Alexandria, Va. /ppThey're accused of trading on inside information stolen from Wilson Sonsini Goodrich amp; Rosati, a law firm with offices in Washington, D.C., New York, San Francisco and Hong Kong. /ppAuthorities also allege the decades-long scheme used information stolen from prominent New York law firms Cravath Swaine amp; Moore and Skadden, Arps, Slate, Meagher amp; Flom./p


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