Search Articles
MANHATTAN (CN) – Goldman Sachs’ former research associate Eugene Plotkin was sentenced to 57 months in prison for running an inside-trading network that took more than $6.7 million in illegal gains, federal prosecutors said. Plotkin traded on information provided by Merrill Lynch analyst Stanislav Shpigelman; Nikolaus Shuster and Juan Renteria, print shop workers who stole advance copies of BusinessWeek magazine and sent him information from its “Inside Wall Street” column; and Jason Smith, a federal grand juror who leaded information about the investigation of Bristol-Myers Squibb, prosecutors said, adding that all of them have pleaded guilty to insider trading.
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.