The former managing clerk for a prominent, international law firm today admitted stealing sensitive, confidential information for use in a five-year insider trader scheme that yielded net profits of more than $5.6 million, U.S. Attorney Paul J. Fishman announced. Steven Metro, 41, of Katonah, New York, pleaded guilty before U.S. District Judge Michael A. Shipp in Trenton federal court to the first two counts of an indictment charging him with securities fraud and conspiracy to commit securities and tender offer fraud.
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