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NEW YORK — A Manhattan lawyer was sentenced to three years in prison Friday for helping to link up hedge-fund traders with lawyers willing to provide inside information about mergers and acquisitions, a case prosecutors celebrated as the biggest such insider-trading probe in history.
U.S. District Judge Richard Sullivan also ordered Jason Goldfarb to pay a $32,500 fine — the amount he was paid for his role in the scheme — and to forfeit more than $1 million, the amount traders made with illegal tips Goldfarb helped to arrange.
