Of the 57 insider trading cases brought by the SEC this year, Advanced Trading highlights nine standouts, like the case of Raj Rajaratnam, in a rogues gallery of accused and convicted inside traders.
November 17, 2011
Garrett Bauer
The SEC charged former trader Gary Bauer with insider trading in April for taking part in an organized illegal trading ring. The regulator contends that the crime ring made illegal trades ahead of at least 11 merger and acquisition announcements between April 2006 and March 2011. The M&A deals were by clients of the law firm Wilson Sonsini Goodrich & Rosati. The SEC alleges that Matthew Kluger - a former attorney at the firm - linked up with Bauer through a middleman to facilitate the plot, which allegedly netted them $32 million in illicit profits.
