The former law firm clerk whose tips about corporate mergers fueled an insider trading scheme in which one participant ate evidence written on napkins and Post-its in Grand Central Terminal was sentenced to nearly four years in prison on Wednesday.
Steven Metro, a former managing clerk at Simpson Thacher & Bartlett, received his 46-month sentence from U.S. District Judge Michael Shipp in Trenton, New Jersey, after pleading guilty last November to securities fraud and conspiracy charges, prosecutors said.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn