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Ex-Goldman Banker Pleads Not Guilty in Insider Trading Case (2)

July 28, 2022, 6:01 PM

Former Goldman Sachs Group Inc. vice president Brijesh Goel pleaded not guilty to charges that he illegally traded on confidential information he obtained while working at the investment bank.

Goel, 37, was arraigned Thursday in federal court in Manhattan. He was allowed to remain free on a $1 million bond, which replaces a $500,000 bond set on Tuesday.

Prosecutors allege Goel passed along information he received about potential Goldman deals to a friend over squash games and then split the trading profits. In court on Thursday, a prosecutor said the evidence against Goel would include conversations recorded by a cooperating ...