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Former Goldman Sachs investment banker Brijesh Goel has been convicted of insider trading and obstruction of justice by a New York jury, after prosecutors said he passed tips about potential mergers to a friend.
He is scheduled to be sentenced on October 19, the US Attorney for the Southern District of New York announced.
Goel, 38, was convicted on Wednesday after a seven-day trial for tipping off former Barclays Plc trader Akshay Niranjan about deals at Goldman, yielding total illegal profits of approximately $280,000.He i
Former Goldman Sachs investment banker Brijesh Goel has been convicted of insider trading and obstruction of justice by a New York jury, after prosecutors said he passed tips about potential mergers to a friend.Goel, 38, was convicted on ...