A BigLaw mergers and acquisitions attorney stole confidential firm information in an insider trading scheme that netted him and two accomplices $32 million in illicit profits over a 17-year span, federal prosecutors in Newark charged in a complaint announced on Wednesday.
Matthew Kluger, until March 11 a senior associate at Wilson Sonsini Goodrich & Rosati’s Washington, D.C. office, stole information from that firm and two prior ones — Skadden, Arps, Slate, Meagher & Flom and Cravath Swaine & Moore — and shared it with a middleman and a Wall Street trader who made large investments ahead of deal announcements, the complaint said.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]