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.
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