Legal News

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

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.

  
What
Where


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!!






 

RELEVANT JOBS

Associate Attorney

USA-CA-Fresno

Coleman & Horowitt, LLP seeks lawyers with 3+ years for business and commercial litigation, includin...

Apply now

Business Law Paralegal

USA-CA-Murrieta

We are looking for an organized, professional, experienced Business Law Paralegal to join our team a...

Apply now

Office Services Clerk

USA-CA-Murrieta

We are currently seeking an experienced, competent Office Services Clerk for our Murrieta, CA office...

Apply now

Associate Attorney

USA-CA-Orinda

Finance and Corporate Attorney Needed Bay Area Law firm looking for Associate Attorney with prosp...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Housing Finance Associate Attorney

USA-MN-Minneapolis

Minneapolis office of a BCG Attorney Search Top Ranked Law Firm seeks a housing finance associate at...

Apply Now

Senior Intellectual Property Litigation Associate Attorney

USA-PA-Philadelphia

Philadelphia office of a BCG Attorney Search Top Ranked Law Firm seeks a senior intellectual propert...

Apply Now

Senior Intellectual Property Litigation Associate Attorney

USA-GA-Atlanta

Atlanta office of a BCG Attorney Search Top Ranked Law Firm seeks a senior intellectual property lit...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top