Ex-A.G. Edwards trader sentenced to 3 years
A stock-loan trader formerly with A.G. Edwards, a unit of Wachovia, was sentenced to three years in prison and a $900,000 fine for defrauding his former employer, according to Reuters.
A stock-loan trader formerly with A.G. Edwards, a unit of Wachovia, was sentenced to three years in prison and a $900,000 fine for defrauding his former employer, according to Reuters.
Michael McCormack, 33, had pled guilty to one count of conspiracy to commit securities fraud and wire fraud.
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