Ex-Merrill Lynch Analyst Pleads Guilty to Insider Trading; Prosecutors Describe Wide-Ranging Plot

Telegraph - Herald (Dubuque) › July 15, 2006

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NEW YORK (AP) - A former analyst at Merrill Lynch & Co. Inc. pleaded guilty to insider trading Friday, admitting his role in a wide ranging plot that benefited from loose-lipped investment bankers and leaked copies of a market-moving magazine.

Stanislav Shpigelman, 23, of New York, who worked in Merrill Lynch's mergers and acquisitions division, admitted sharing inside information by cell phone with others involved in the scheme that earned some participants more than $6.7 million.

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Ex-Merrill Lynch Analyst Pleads Guilty to Insider Trading; Prosecutors Describe Wide-Ranging Plot

A plea agreement Shpigelman signed with prosecutors - in which he admits to a single count ...

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