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Former Law Firm I.T. Employee Sentenced to Two Years for Brazen Insider Scheme

Bruce Carton | August 2, 2015

Last week, a former I.T. professional at law firm Wilson Sonsini Goodrich & Rosati received his sentence for a particularly brazen insider trading case scheme that he carried out by abusing his access to nonpublic information in the law firm’s client-related databases. U.S. District Judge Paul Engelmayer of the SDNY sentenced Dmitry Braverman to two years in prison, noting that Braverman was a "repeated" insider trader who had ignored a huge "wake-up" call to stop his illegal behavior.

The wake-up call Judge Engelmayer was referring to occurred in 2011, while Braverman's insider trading scheme was ongoing. In April 2011, in an extraordinary coincidence, federal prosecutors and the SEC filed high-profile cases against Matthew...

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