Goldman Insider Trader Ordered to Pay Bank $390,000 in Costs

A former Goldman Sachs Group Inc. vice president sentenced to three years in prison for insider trading must also pay the bank more than $390,000 to cover its legal costs.

Brijesh Goel was ordered to pay that amount Wednesday by a federal judge in New York. Goldman said it incurred that expense cooperating with investigations into Goel’s conduct by the Manhattan US attorney’s office and the Securities and Exchange Commission. The bank hired law firm Milbank LLP to handle the matter.

Goel had sought to have Goldman’s restitution request slashed to around $120,000, saying he should only be responsible for ...