The banker, the brothers, the friends and their frauds

In a parallel action, the U.S. Attorney’s Office for the District of New Jersey also filed a variety of criminal charges (including securities fraud, insider trading, and a variety of conspiracy charges) against the six men.None of the allegations have been proven in court.In its complaint, the regulator alleged that between June 2020 and February 2024, Kim — a San Francisco-based investment banker — tipped Saad Shoukat to nine potential merger and acquisition deals that he learned about at work.In turn, Sh ...