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Browse: Home / 2018 / December / 28 / Ex-Goldman Sachs employee pleads guilty to insider trading | Reuters

Ex-Goldman Sachs employee pleads guilty to insider trading | Reuters

By Securities Docket on December 28, 2018, 10:56 am

A former Goldman Sachs Group Inc (GS.N) employee pleaded guilty on Wednesday to engaging in insider trading based on non-public information about several companies that were clients of the investment bank, Manhattan federal prosecutors announced.

Woojae “Steve” Jung, who was a vice president with the bank in San Francisco, has agreed to forfeit $130,000 he made through the illegal trades, according to a statement from the office of U.S. Attorney Geoffrey Berman.

via Ex-Goldman Sachs employee pleads guilty to insider trading | Reuters.

Posted in Criminal, Top | Tagged Insider Trading, SDNY

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