A judge granted bail Friday to a Virginia man accused of providing confidential information from several law firms for what authorities say was a $37 million insider trading scheme.Matthew Kluger was to be released on $1 million bond, secured by $500,000 in cash from his parents, who live in California. He must follow home detention rules set when he returns to his home in Oakton, Va.
April 15, 2011 at 12:00 AM
1 minute read
A judge granted bail Friday to a Virginia man accused of providing confidential information from several law firms for what authorities say was a $37 million insider trading scheme.
Matthew Kluger was to be released on $1 million bond, secured by $500,000 in cash from his parents, who live in California. He must follow home detention rules set when he returns to his home in Oakton, Va.
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