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Browse: Home / 2011 / May / 16 / Trader Corbin Set to Plead Guilty in Lehman-Related Insider-Trading Case

Trader Corbin Set to Plead Guilty in Lehman-Related Insider-Trading Case

By Securities Docket on May 16, 2011, 5:05 pm

[Daniel] Corbin was one of five people indicted in December 2008 on securities fraud and conspiracy charges and accused of making illegal trades based on confidential tips gleaned from the wife of an ex-Lehman Brothers Holdings Inc. salesman. Corbin was indicted on additional counts of insider trading in April 2010.

U.S. prosecutors said the salesman, Matthew Devlin, passed on tips gleaned from his wife, a Brunswick Group public- relations executive who was involved with corporate deals. She wasn’t accused of wrongdoing.

Read more: Trader Corbin Set to Plead Guilty in Lehman-Related Insider-Trading Case — Bloomberg News

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Posted in Criminal, Top | Tagged Guilty Pleas

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