An investment banking vice president and risk management specialist was criminally charged on Monday with insider trading in Neustar Inc before the advertising technology company agreed to be acquired by a private equity firm.
Avaneesh Krishnamoorthy, an Indian citizen living in West New York, New Jersey, made about $48,000 trading Neustar stock and options in a brokerage account held by him and his wife, after learning that Golden Gate Capital was in talks to buy the company, court papers show.
via U.S. charges investment bank vice president with insider trading | Reuters
