The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:An Ex-Neuberger Analyst Testifies Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, December 13, 2013

An Ex-Neuberger Analyst Testifies

News summary by MFWire's editors

A former Neuberger Berman analyst testified yesterday in one of the insider trading cases encircling billionaire Steven Cohen's SAC Capital Advisors.

In January 2012 Sandeep Goyal left Neuberger and pled guilty in a $78-million insider trading case involving information about Dell and Nvidia. The SEC accused Goyal of receiving $175,000 for passing along inside information on Dell. Neuberger was not accused of any wrongdoing in the probe. Yesterday, Bloomberg and Reuters report, Goyal testified in federal court in New York City that he passed inside Dell information to ex-Diamondback Capital Management analyst Jesse Tortora, tips that prosecutors say were passed along to SAC PM Michael Steinberg.

Goyal said he got the inside information on Dell thanks to an acquaintance from business school who worked at Dell.

"He wanted to work in the investment management industry," Goyal reportedly testified. "I helped him with his resume and gave him interview tips and gave him feedback on people he was interviewing with." 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use