Anthony Viggiano and three others face years in prison if convicted of the charges laid out by the Securities and Exchange Commission.
A former analyst at Goldman Sachs was charged with leaking insider information about mergers and acquisitions to his friends — who then allegedly used the tips to make stock purchases that netted them nearly $500,000, federal prosecutors in Manhattan said Thursday.
“This individual was a junior analyst in a non-investment, finance function who was briefly employed for less than seven months and left two years ago,” the Blackstone spokesperson said. Forlano, an analyst at a real estate firm, allegedly made stock purchases which netted him $114,000 based on confidential information he received from Viggiano, according to the indictment.