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McKinsey partner is charged with insider trading tied to Goldman Sachs' acquisition of GreenSky
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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.
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