The 9 Most Notorious Insider Trading Cases of 2011

Of the 57 insider trading cases brought by the SEC this year, Advanced Trading highlights nine standouts, like the case of Raj Rajaratnam, in a rogues gallery of accused and convicted inside traders.
November 17, 2011

Zvi Goffer


Zvi Goffer, a former hedge fund trader who briefly worked for Rajaratnam's Galleon Group, was sentenced to 10 years in prison in September for illegally getting word of impending mergers from attorneys who worked on such deals, and trading on that information. Goffer was reportedly known by associates as "Octopussy" because of his wide-ranging connections to insider information. Goffer's scheme allegedly netted $20 million in illegal profits.

Wall Street & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Wall Street & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Wall Street & Technology further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
 
< Previous1 ... 3 4 5 6 7 8 9 10 Next > 

< Previous1 ... 3 4 5 6 7 8 9 10 Next >