A former Ernst & Young partner and attorney convicted for insider trading has been disbarred by the New York Appellate Division, 1st Department.

Prosecutors accused James Gansman of providing insider information about Ernst & Young clients’ upcoming acquisitions to personal friend Donna Murdoch. According to the indictment, Murdoch, her father and two others reaped nearly $600,000 after trading on the tips. In May 2009, a jury convicted Gansman of six counts of security fraud.

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