Matthew Kluger

Matthew Kluger is a disbarred[https://law.justia.com/cases/district-of-columbia/court-of-appeals/2013/12-bg-1968-0.html In re Matthew Kluger, District of Columbia Court of Appeals (Nov. 13, 2013)] lawyer who served a 12-year sentence in federal prison for insider trading. The Bureau of Prisons Inmate Information website states that his release date was January 13, 2022.[http://www.bop.gov/inmateloc/ Federal Inmate Locator] A graduate of the Hammonasset School, Cornell University, and NYU School of Law, Kluger is the son of Pulitzer Prize-winning writer Richard Kluger. Over 17 years, while a lawyer at the law firms Cravath, Swaine & Moore, Skadden, Arps, Slate, Meagher & Flom, Fried, Frank, Harris, Shriver & Jacobson, and Wilson Sonsini Goodrich & Rosati, he tipped the identity of planned corporate takeover targets, allowing confederates to reap millions in profits when the proposed takeovers were announced and the stock prices increased.[https://www.bloomberg.com/news/articles/2012-07-31/how-wall-street-lawyer-turned-insider-trader-eluded-fbi David Voreacos, How Wall Street Lawyer Turned Insider Trader Eluded FBI, Bloomberg Business, July 31, 2012] His sentence, which was reportedly the longest ever imposed after a guilty plea for insider trading, was affirmed by the U.S. Court of Appeals for the Third Circuit in 2013.[https://www.forbes.com/sites/walterpavlo/2013/07/09/inside-trader-matthew-klugers-12-year-prison-term-affirmed Walter Pavlo, Inside Trader Matthew Kluger's 12-Year Prison Term Affirmed, Forbes.com, July 9, 2013] He explained in detail the nature of his conduct in a video interview.[https://www.youtube.com/watch?v=mi99GgIEd20, Lawyer: How I Committed Insider Trading, Bloomberg Law, July 31, 2012] In 2014, he gave an extensive interview with Fortune Magazine about the details of his life in prison.[http://fortune.com/2014/07/07/matthew-kluger-talks Daniel Roberts, Life Behind Bars: Matthew Kluger Reveals All, Fortune Magazine, July 7, 2014] His conduct was featured on an episode of the CNBC series American Greed.[https://www.complianceweek.com/blogs/enforcement-action/american-greed-breaking-down-the-kluger-bauer-robinson-insider-trading#.VcWChK3QOF8 Bruce Carton, American Greed: Breaking Down the Kluger-Bauer-Robinson Insider Trading Scheme, Compliance Week, July 9, 2014] A motion to vacate his sentence was denied in 2018.[https://casetext.com/case/kluger-v-united-states Kluger v. United States, Civil Action No. 14-6236 (KSH) (D.N.J. Aug. 30, 2018)]