FT商学院

How top Wall Street law firms became a pipeline for insider trading

Deal advice has evolved into a huge legal business but leaves firms vulnerable to misuse of confidential information

Lawyers at Goodwin Procter were representing iRobot, maker of the automated Roomba vacuum cleaners, as talks to be acquired by Amazon heated up in the summer of 2022.

In the following months, according to US authorities, a network of more than a dozen people — including three brothers and a hairdresser — began amassing iRobot stock and options. When a deal was announced that August, the group allegedly netted more than $1.7mn in profits; two members of the ring texted each other with champagne emojis.

US prosecutors and securities regulators now say they were working off intelligence that came from inside Goodwin Procter itself.

您已阅读9%(634字),剩余91%(6623字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。
设置字号×
最小
较小
默认
较大
最大
分享×