Matthew Kluger, a former Am Law 100 associate who was charged in April with participating in a massive insider trading scheme, pleaded guilty Wednesday in Newark federal court to all four counts against him, the U.S. attorney’s office for the District of New Jersey announced.
The plea comes less than a week after former stock trader Garrett Bauer pleaded guilty in connection with the the same scheme, which prosecutors say netted Kluger, Bauer, and a third man, mortgage broker Kenneth Robinson, a total of $37 million.
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