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CROOK ALERT EX-MORGAN STANLEY COMPLIANCE ATTORNEY PLEADS GUILTY TO FRAUD

Updated on May 10, 2007

Morgan Stanley Compliance Attorney Pleads Guilty to Insider Trading

Randi Collotta, 30, and her husband Christopher Collotta, 34, provided information about mergers and acquisitions being handled by the firm to Marc Jurman, who traded on the information. Collotta worked in the compliance division of Morgan Stanley. The Collattas face up to 25 years in prison.

http://www.marketwatch.com/news/story/ex-morgan-stanley-lawyer-pleads-guilty/story.aspx?guid=%7BF4C36ED2%2DF9B6%2D4378%2D8DDA%2D6BED5F3968C3%7D&siteid=yhoof

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    • thecounterpunch profile image

      thecounterpunch 10 years ago

      The firm should also get fined HEAVILY, that's the only way they don't incite their employees to do mischiefs.