New York Lawyer Jason Goldfarb Pleads Guilty in Probe of Ex-Galleon Trader

Jason Goldfarb, 32, pleaded guilty today to conspiracy and securities fraud before U.S. District Judge Richard Sullivan in Manhattan. Goldfarb was one of 20 people who have pleaded guilty in the overlapping insider-trading schemes related to the Galleon hedge fund being investigated by the U.S.

“With great regret, I made a horrible mistake and agreed to participate in this scheme,” Goldfarb told the judge at the hearing.

Read more: New York Lawyer Jason Goldfarb Pleads Guilty in Probe of Ex-Galleon Trader — Bloomberg News