By Joseph Ax
NEW YORK, Jan 3 (Reuters) - Convicted attorney Matthew
Kluger, who received a record 12-year prison sentence for an
insider trading scheme in June, has been officially disbarred in
New York, a state appeals court said Thursday.
Kluger's guilty plea in New Jersey federal court on Dec. 14,
2011, to conspiracy, fraud and other charges meant that he was
automatically disbarred at that time, said the Appellate
Division, First Department. The ruling on Thursday removed
Kluger's name from the roll of New York attorneys.
Authorities accused Kluger of using merger secrets gleaned
from his position as a corporate attorney to net more than $37
million for himself and two co-conspirators between 1994 and
Kluger had worked at several law firms, including Cravath
Swaine & Moore; Skadden, Arps, Slate, Meagher & Flom; and Wilson
Sonsini Goodrich & Rosati.
The case is Matter of Kluger, Appellate Division, First
Department, No. 3721.
For the departmental disciplinary committee: Raymond
For Kluger: none.
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