Galleon Insider-Trader Goffer Settles SEC Cases

Dec 13 2011 | 3:21am 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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of