Galleon Insider-Trader Goffer Settles SEC Cases

Dec 13 2011 | 2:21am ET

Former Galleon Group trader Zvi Goffer has agreed to pay more than $1 million to settle Securities and Exchange Commission charges stemming from his leading role in the major insider-trading scandal.

Goffer, convicted in June of running one of two interlocking insider-trading rings, has also been barred from the financial services industry. Following his criminal conviction, Goffer was sentenced to 10 years in prison and ordered to pay more than $10 million in forfeitures.

The recent settlements end two SEC civil cases against Goffer.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR