A former investment banking vice president pleaded guilty on Thursday to a U.S. charge that he engaged in insider trading in Neustar Inc shares before the advertising technology company announced it would be acquired by a private equity firm.
Avaneesh Krishnamoorthy, a 42-year-old Indian citizen living in West New York, New Jersey, entered his plea before U.S. District Judge Jesse Furman in Manhattan, admitting that he made trades based on confidential information he learned through his employer.
via Ex-Investment Bank Vice President Pleads Guilty to Insider Trading | Reuters
