Today news
About the same in other media
McKinsey partner is charged with insider trading tied to Goldman Sachs' acquisition of GreenSky
Reading now: 511
cnbc.comA McKinsey partner was arrested Wednesday after being criminally charged with insider trading ahead of Goldman Sachs' recent $2.2 billion acquisition of fintech lender GreenSky.
Puneet Dikshit, a 40-year-old McKinsey partner, exploited information he gained about his client Goldman Sachs' pending takeover to buy profitable call options in GreenSky, according to a complaint unsealed Wednesday in federal court.
Dikshit, who had a lead role advising Goldman on the deal, dabbled with purchasing small amounts of options in the months ahead of the transaction, authorities alleged. After learning that a deal was imminent, however, Dikshit bought about 2,500 call options in the two days before the Sept. 15 announcement, according to the complaint.
Read more on cnbc.comAbout this in other media
Regal to partner with Flexa to enable digital currency payments in theatres cointelegraph.com /2 years ago
KPMG interim chair Bina Mehta wins full term after partner vote fnlondon.com /2 years ago
JPMorgan, Goldman Sachs should boost capital buffers, global regulators say fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
