Legal News

Paul Hastings Associate Charged in Insider Trading Scheme
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

An associate of  Los Angeles’ Paul, Hastings, Janofsky & Walker was charged in a $4.8 million insider trading scheme involving a former Lehman Brothers representative and his wife, who worked at a public relations firm that had information on impending corporate deals.

Eric A. Holzer, 34, a Paul Hastings tax associate, was allegedly recorded discussing the scheme with Matthew C. Devlin, 35, of Lehman Brothers, whose wife, Nina Devlin, is a partner at the public relations firm Brunswick Group.

Matthew Devlin has already pleaded guilty in the case and is cooperating with prosecutors.


The criminal complaint against Holzer was one of three unsealed in the Southern District of New York, charging conspiracy and securities fraud.

An additional civil suit filed by the Securities and Exchange Commission details illegal trading on 13 impending transactions that Mr. Devlin learned about from his wife.

Devlin allegedly referred to his wife as the “golden goose” for the information she provided, information the SEC said he used to curry “favor with his friends and business associates and received in return cash, luxury items and other benefits.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!



Paralegal / Office Assistant

USA-NY-Briarcliff Manor

We are seeking a Paralegal / Office Assistant to become a part of our team! You will provide overall...

Apply now

Insurance Defense / Transportation / Personal Injury Attorney


We are looking for motivated candidates with at least 7 years of experience in insurance defense. Th...

Apply now

Construction Defect / Construction Litigation / Insurance Defense Attorney


Construction Defense Attorney. We want motivated candidates with 8+ years of experience to handle...

Apply now

Trusts & Estates Attorney



Apply now




Search Now

Venture Capital Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks corporate business attorney with...

Apply Now

Real Estate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks transactional real estate attorn...

Apply Now

Experienced Health Care Attorney


Portland office of a BCG Attorney Search Top Ranked Law Firm is seeking health care attorney with 5-...

Apply Now


To Top