Ex-Goldman Associate Gets 28 Months in Insider Trading Case (1)

A former Goldman Sachs Group Inc. associate will spend 28 months behind bars after admitting to passing inside tips to friends while working at the investment bank and Blackstone Inc.

Anthony Viggiano, 27, was sentenced on Wednesday by US District Judge Valerie Caproni in Manhattan. He pleaded guilty to a single count of securities fraud in January for tipping off two friends to at least seven transactions that he learned about while working at the two Wall Street firms.

The tips led to more than $400,000 in illegal profits for Stephen Forlano, a college buddy, and Christopher Salamone, Viggiano’s ...