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by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Nov 7– As the second of four insider trading prosecutions announced on June 29, 2023 by the US Attorney for the Southern District of New York Jordan Meadow was charged with using inside information stolen from a major investment bank in NYC. 

  Meadow offered and agreed to provide items of value, such as Rolex watches, to a friend, Steven Teixeira, in exchange MNPI that Teixeira obtained by secretly accessing confidential work documents on a personal laptop computer  belonging to Teixeira’s then-girlfriend, an executive assistant at the Investment Bank.  The documents on the Laptop contained MNPI about planned corporate acquisitions in which the Investment Bank served as an advisor.

  In or around late July 2021, Teixeira secretly accessed confidential work information on the Laptop and learned that in less than a week, Penn National Gaming, Inc. (“Penn National”), was going to acquire Score Media and Gaming Inc. (“Score”), a Canadian digital media company, for approximately $2.2 billion.  Teixeira shared this MNPI with a friend, who in turn shared it with MEADOW. 

MEADOW then purchased more than 769 call option contracts in Score  Then in March 2022, Teixeira secretly accessed confidential work information on his then-girlfriend’s laptop and learned about a planned corporate acquisition of VMWare, an enterprise software company, for approximately $65 billion.

 Teixeira shared this MNPI with his friend, who in turn shared it with MEADOW.  MEADOW purchased over 5,000 shares of VMWare stock, as well as call options contracts in VMWare, between May 9, 2022, and May 18, 2022, and advised his colleague at the brokerage firm to purchase VMWare securities. 

MEADOW, 34, of Warren, New Jersey, who was arrested on June 29, amid the unsealing of charges against Steven Teixeira, who has pled guilty pursuant to a cooperation agreement. 

 Another Niranjan?

  Inner City Press was at the presentment of Jordan Meadow, thread:

Meadow was arrested at 9 am - that's why he's the last up of the (NY) Four. Pleads not guilty. He is (was?) with Spartan Capital Securities. Bond is $1 million, secured by parents house and investment accounts. His mother is here

 The unnamed Investment Bank is Morgan Stanley. US is allowing Meadow to fly back to Las Vegas to pick up his family

Defense counsel says Meadow is seeking a job in Las Vegas. Poker was referenced.

Docketed on July 5 was the transcript: Meadow's "interview with this new company in Las Vegas that has absolutely nothing to do with the brokerage business, or, as the government well knows, his ability to play poker, that this opportunity should not be allowed to pass by." What does the government "well know" about Meadow's ability to play poker? And does his new job opportunity have to do with it, or something else?

The case, like another of the four, was wheeled to Judge Andrew L Carter.

On July 13, Meadow's counsel filed into a docket a "confession of judgment" of $1 million by Bonita Meadow and Bruce Parker of 48 Country Club Lane, Woodstock NY, pledging accounts in TD Ameritrade and Nationside Life Insurance Company.

On July 26, Meadow's counsel wrote to Judge Carter that "we must withdraw from representing Mr. Meadow due to an irreconcilable legal and ethical conflict," without naming it.

Jump cut to June 5, 2024 when Judge Carter canceled a July 16 pre-trial conference, having noted plea negotiations.

Jump cut again to November 7, 2025, guilty plea set: "ORDER as to Jordan Meadow. A Change of Plea Hearing is set for November 14, 2025, at 2:30 p.m. SO ORDERED by Judge Andrew L. Carter, Jr. on 11/6/2025"

The case is US v. Meadow, 23-cr-313 (Carter)

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