Reuters — The newest Goldman Sachs insider trading probe is focused on a San Francisco-based investment banker suspected of tipping off a hedge fund manager about two health care deals, according to a source who could not be identified.
Federal prosecutors in Los Angeles are looking into whether Matthew Korenberg told Galleon Group founder Raj Rajaratnam of acquisitions of Advanced Medical Optics and MedImmune in 2009 and 2007, respectively, before the deals were made public, the source said.
