Skip to Main Content
by Vault Law Editors | April 06, 2011

Share

A former senior associate at Wilson Sonsini Goodrich & Rosati has been charged with insider trading. Matthew Kluger, who received his JD from NYU Law, is alleged to have provided insider tips to a third party, who passed the information on to trader Garrett Bauer. Bauer has also been arrested.

Kluger purportedly began sharing inside information back in law school. The M&A lawyer is alleged to have taken information from three BigLaw firms: Cravath, Skadden and Wilson Sonsini. Investigators believe that Kluger’s information-sneak to Bauer resulted in $32 million in profits.

What's another insider trading case, you say? The details of this case are far from ordinary and include a discussion of throwing cash in the dishwasher, paranoia at McD's and cell-phone-sniffing dog concerns. Read more details over at Vault's Finance Blog.

Wall Street Journal Source
Business Insider Source

Read More:
Note to Inside Traders: Beware of Cell-Phone-Sniffing Dogs
Insider Trading Hits BigLaw Again

FOLLOW VAULT LAW ON TWITTER! @VaultLaw

Share

Filed Under: Law
Newsletter
Subscribe to the Vault
Newsletter

Be the first to read new articles and get updates from the Vault team.