Matthew Kluger, Cohorts to Pay a Combined $32.9 Million to Settle SEC's Insider Trading Case

, The Am Law Daily


The former associate at four Am Law 100 firms and two collaborators have agreed to repay money made in a scheme that resulted in criminal convictions for all three men.

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    Financial fraud seems to be at an all time high and the government looks like it has taken a stronger hand in pursuing it. This is another example of the series of wins, the government has had against financial fraudsters. The defendants still have to face a civil lawsuit by the defrauded investors.

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