Feds: Law clerk, stockbroker exchanged insider info on napkins that were then eaten

  • by: DEEPTI HAJELA , Associated Press
  • Updated: March 19, 2014 - 2:55 PM

NEW YORK — The managing clerk of a high-profile New York City law firm and a Morgan Stanley stockbroker were charged in an insider trading scheme that used notes scribbled on napkins — then eaten to maintain secrecy — to bring in almost $6 million in illicit profits, authorities said Wednesday.

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