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Goldman Sachs vice president charged in insider-trading case
Source: Associated Press
Updated 7:41 pm, Thursday, May 31, 2018
NEW YORK (AP) — A Goldman Sachs vice president was arrested Thursday in California on insider-trading charges filed in a New York court.
Woojae Jung awaited a court appearance in federal court in San Francisco to face six counts of securities fraud and a conspiracy charge.
Manhattan U.S. Attorney Geoffrey S. Berman said Jung "violated his duty to his company and traded on stolen insider information, over and over again."
A lawyer for Jung did not immediately comment.
Read more: https://www.chron.com/news/crime/article/Goldman-Sachs-VP-charged-in-insider-trading-case-12957865.php