| SDNY Charges Swiss Mathys
With Insider Trader On Sanofi and Bioverativ
No Presentment
By Matthew
Russell Lee, Periscope here
SDNY COURTHOUSE,
June 13 – Insider trading
prosecution is a growth
industry, sometimes dumped
late in the day in the U.S.
District Court
for the
Southern
District of
the New York
as on June 13
when a Swiss
man was
indicted but
not presented,
his case
number coming
up even in the
evening as
"does not
exist."
Days
after Woojae
Jung got a
three months
prison term in
the SDNY for
insider
trading while
at Goldman
Sachs, at 6 pm
on June 16
Geoffrey S. Berman, the United
States Attorney for the SDNYm
announced "the indictment of
ROLAND MATHYS for his
participation in a scheme to
trade on material, nonpublic
information (the “Inside
Information”) regarding a
tender offer by Sanofi, S.A
(“Sanofi”) for Bioverativ,
Inc. (“Bioverativ”).
After the tender offer was
announced, MATHYS’s trading
yielded over $4.7 million in
illegal
profits.
U.S. Attorney Geoffrey S.
Berman said: “As
alleged, Roland Mathys engaged
in insider trading, and
profited to the tune of nearly
$5 million – until his scheme
was exposed. He
allegedly used confidential
information about a pending
acquisition of a company to
purchase call options in that
company, knowing that the
value of these options would
balloon after the acquisition
was publicly announced.
Working with the FBI and the
SEC, we remain committed to
policing the marketplace to
take the profit out of
cheating.”
One case
at a time - or, three months
at a time. When Woojae Jung
appeared for sentencing for
insider trading while at
Goldman Sachs before SDNY
Judge Lewis A. Kaplan on June
10, his lawyer argued for no
jail time, citing the possible
immigration law consequence of
this sentencing.
Assistant US
Attorney Andrew Thomas asked
for 18 to 24 months.
Jung's own
statement was largely about
his wife, who works for
Facebook. He did not mention
his brother in South Korea,
who opened up the trading
account in the name of a
college friend.
Judge Kaplan said he was going
to impose a non-guideline
sentence "but not what you're
hoping to hear." It is a
sentence of three months in
prison, which takes Jung out
of the mandatory detention
requirement. Kaplan said he
recommends that Homeland
Security adjust Jung status
and recommends against
detention. He recommended a
minimum security camp.
Jung's
lawyer added that if the last
is not granted he be
designated to Lompoc and in
any event not a privately
contracted facility. Judge
Kaplan agreed to both. There's
$130,000 restitution and a
$30,000 fine.
As
if in another world, at a dry
cleaner's at 727 Westchester
Avenue in The Bronx on 21
September 2018, Angel Perez
walked in with a mask on his
face and a gun in his hand,
demanding money to support his
Xanax habit.
The dry
cleaner ended up shot in the
ankle; Perez was arrested at
his home nearby on Jackson
Avenue.
On June 10
Perez who was allowed to plead
guilty to brandishing rather
than discharging or firing the
gun showed up before SDNY
Judge William H. Pauley III
for sentencing. His Federal
Defender Mark B. Gombiner
asked that sentence be limited
to the seven year mandatory
minimum.
Assistant
US Attorney Jacob R. Fiddelman
argued for 125 to 135 months.
In the gallery where Inner
City Press was the only media
present was Carmen Rosario
which whom Perez has lived
since he got out of prison in
2005. In a letter to Judge
Pauley she says "he is still
magical in my eyes."
The ex dry
cleaner, his name redacted,
wrote a victim's impact
statement that he is an
immigrant and that after being
shot when he tried to sell his
business he couldn't: "no one
was interested in the property
where a gun incident took
place. I sincerely hope that
we are protected from his
potential revenge."
Judge
Pauley after recounting Perez'
early life - both parents were
drug addicts, he said -
addressed the defendant
directly to say, This is
unacceptable, from a 52 year
hold. He imposed a sentence of
108 months, which is to say
nine years. The ex dry cleaner
wrote, "I am terrified by the
thought that the attacker may
[take] revenge on me and my
family after serving his jail
term."
Back on May 23, less than an
hour after witnessing Peter
Bright presented in shackled
in front of his wife in the
SDNY Magistrates
Court, Inner
City Press published
into Google
News a
story about it,
including
Bright's
statement
that he was
training an 11
year told girl in The
Bronx.
Also Periscope
video here,
round
up tweet.
Inner
City Press reported
that Bright's Federal
Defenders
lawyer argued
that a video
camera in
Bright's
Brooklyn
apartment building militates
for his
release on
bond. He was
not released.
Two weeks
later the Daily
Dot's Claire
Goforth from Florida
published a
story about
Bright's
arrest based
off the
complaint on the
PACER document
system. This
has been picked up, with
and without
more. But why
is there no
document in
PACER about
the proceeding
that was due
on June 6? On
any renewed
bid for bail
by the Federal Defenders,
who since that
as reported by
Inner City
Press got
another accused
pedophile
Byran Pivnick
released?
Inner City Press which first
reported
this case will
continue on
it. Watch this
site, @InnerCityPress
and the new @SDNYLIVE.
See Inner City
Press' May 23
Periscope
round up, at
1:10 on
this pedophile
presentment, here
From Inner
City Press'
exclusive May
23 report: "A
dual British -
US citizen
living in
Brooklyn but
reaching out
for underage
sex was
presented, with
his wife in
the courtroom
by that
time only with
Inner City
Press. Federal
Defender Amy
Gallichio
argued that
Peter Bright
should be
released, since
his building
in Brooklyn
has a video
surveillance
system.
But would the
neighbors want
the U.S.
Attorney's
Office to see
their
comings and
goings?
Gallichio offered
for Bright to
install his
own camera
over his door
and turn the
files in to
the
government. Judge
Freeman
found this of
intersted and
invited a second try, if
only in
writing. She
quizzed Bright's
all-American
wife in the
gallery and said
the Peter is
lucky. Was his
claim to be
"training" an
eleven year
old girl in
The Bronx just
puffery? Inner
City Press
will stay on
this case."
And now we
are.
***
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