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Former Wachtell Lawyer Turned Banker Contacted in Insider Trading Inquiry
Sources have linked a former Wachtell lawyer who became a banker to an insider trading case. The individual is described as a former Wachtell lawyer turned banker. Reuters reported the development on Saturday.
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A former Wachtell lawyer turned banker has been linked to an insider trading case, sources said. The individual is described as a former Wachtell lawyer. The individual is also described as a banker.
@Reuters reported the details on Saturday. The reporting drew on multiple sources familiar with the matter.
No charges have been publicly disclosed. The development centers on a person who previously practiced law at Wachtell, Lipton, Rosen & Katz before moving into banking. That career path is unusual even in the overlapping worlds of corporate law and Wall Street deal-making.
The insider trading inquiry now casts a shadow over both phases of the individual's professional life. Details of the alleged trading, the securities involved or any specific transactions remain undisclosed in the reporting. The sources spoke on condition of anonymity.
Federal authorities have not commented publicly on any investigation.
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