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PREET BHARARA, the United States Attorney for the Southern District of New York, announced that DONALD LONGUEUIL was sentenced today in Manhattan federal court to 30 months in prison for his participation in an insider trading scheme in which he obtained and traded on material, nonpublic information (“Inside Information”).
Former Research Analyst and Portfolio Manager Sentenced in Manhattan Federal Court to 30 Months in Prison for Insider Trading
Seeded on Mon Aug 1, 2011 12:52 PM EDT
Article Source: FBI, U.S. Attorney, Dept of Justice- Enjoy this article? Help vote it up the 'Vine.
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Manhattan U.S. Attorney PREET BHARARA stated: “Donald Longueuil thought he could cover his tracks by frantically searching the streets of New York in the middle of the night for places to conceal the evidence of his crimes. It turns out he may have been too smart for his own good, as he now becomes the latest privileged professional to go to jail for brazenly breaking the laws against insider trading.”
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