Linklaters Associate Denies Wrongdoing in Insider Trading Case
A pristine start to a Big Law career has been derailed for a former editor-in-chief of Harvard Law School's International Law Review who joined Linklaters in 2015.
July 20, 2017 at 04:27 PM
18 minute read
The original version of this story was published on The American Lawyer
A defense attorney for a suspended Linklaters associate said Thursday that the young lawyer hadn't done “anything wrong” in connection with an alleged insider trading scheme involving her husband, Fei Yan.
U.S. authorities arrested Yan on July 12, alleging the Massachusetts Institute of Technology research scientist pocketed nearly $120,000 in illegal stock trades based on confidential information shared with him by his wife, Menglu Wang, an associate in Linklaters' New York office.
Yan was released the same day on a $500,000 bond. Wang, a corporate and M&A lawyer, co-signed the bond the next day. Wang was not charged with any crimes and was not named in the criminal or civil securities fraud complaints filed against her husband. She was referred to only as “Spouse-1.”
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