Securities Fraud

A former mergers and acquisitions attorney faces arraignment in Boston federal court in connection with a decade-long insider trading scheme that prosecutors allege generated tens of millions of dollars in illegal profits. The U.S. Attorney's Office in Massachusetts has charged 30 defendants, including corporate attorneys, financial professionals, and co-conspirators, with stealing confidential deal information from major law firms—including a Massachusetts-based firm—across nearly 30 merger-and-acquisition transactions.