{"id":24217,"date":"2011-08-22T08:02:09","date_gmt":"2011-08-22T12:02:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24217"},"modified":"2011-08-22T08:04:13","modified_gmt":"2011-08-22T12:04:13","slug":"insider-trading-hedge-fund-lawyer-gets-3-years","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/insider-trading-hedge-fund-lawyer-gets-3-years.html","title":{"rendered":"Insider Trading Hedge Fund Lawyer Gets 3 Years"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/08\/convictions1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-24219\" title=\"convictions1\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/08\/convictions1.jpg\" alt=\"\" width=\"237\" height=\"295\" \/><\/a>New York (HedgeCo.net) &#8211; Jason Goldfarb has been sentenced to three years in prison for passing information  to a stock trader about mergers and acquisitions in exchange for $32,500 in cash bribes, Reuters reports.<\/p>\n<p>Goldfarb pleaded guilty on Friday to &#8220;Participating in a scheme to trade on corporate secrets from a prominent law firm.&#8221; The hedge fund lawyer is among the roughly 50 people who have been charged in a wide-ranging probe focused on insider trading at hedge funds.<\/p>\n<p>Reuters reported that the evidence showed that Goldfarb was one of the leaders of a &#8220;sophisticated scheme that was designed to steal privileged information, confidential information from its clients to be used by hedge fund managers and traders.&#8221;<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Jason Goldfarb has been sentenced to three years in prison for passing information to a stock trader about mergers and acquisitions in exchange for $32,500 in cash bribes, Reuters reports. Goldfarb pleaded guilty on Friday to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3],"tags":[],"class_list":["post-24217","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=24217"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24217\/revisions"}],"predecessor-version":[{"id":24221,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24217\/revisions\/24221"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}