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Browse: Home / 2011 / September / 01 / Inside trader Zvi Goffer in unusual leniency plea

Inside trader Zvi Goffer in unusual leniency plea

By Securities Docket on September 1, 2011, 11:09 am

The filing was unusual in that it incorporated a letter from Zvi Goffer himself, in which the defendant pledged he will not appeal his conviction, and will repay illegal profits and settle U.S. Securities and Exchange Commission civil lawsuits. Saying his former pride and greed had given way to “shame, self-loathing and depression,” as well as frequent drinking and use of anti-anxiety drugs, Zvi Goffer also said prison will take him away from his wife and two sons, ages three and two.

Read more: Inside trader Zvi Goffer in unusual leniency plea — Reuters

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Posted in Criminal, Top | Tagged Insider Trading, Sentencing

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