Courthouse News Service
Courthouse News Service

Courthouse News Service
Friday, January 04, 2008Last Update: 10:10:34 AM

Inside Trader Sentenced To 57 Months

     MANHATTAN (CN) - Goldman Sachs' former research associate Eugene Plotkin was sentenced to 57 months in prison for running an inside-trading network that took more than $6.7 million in illegal gains, federal prosecutors said. Plotkin traded on information provided by Merrill Lynch analyst Stanislav Shpigelman; Nikolaus Shuster and Juan Renteria, print shop workers who stole advance copies of BusinessWeek magazine and sent him information from its "Inside Wall Street" column; and Jason Smith, a federal grand juror who leaded information about the investigation of Bristol-Myers Squibb, prosecutors said, adding that all of them have pleaded guilty to insider trading.