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Former Employee at Major NYC Law Firm Cravath Charged with Insider Trading: Prosecutors

Prosecutors say Chetram Balli made more than $70,000 by trading on confidential deal information from his law firm and its clients.

Summary by NBC New York
UNITED STATES – JUNE 25: Worldwide Plaza, home to the law offices of Cravath Swaine & Moore LLP, stands in New York City.

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NBC New YorkNBC New York
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Former employee at major NYC law firm Cravath charged with insider trading: Prosecutors

UNITED STATES – JUNE 25: Worldwide Plaza, home to the law offices of Cravath Swaine & Moore LLP, stands in New York City.

·New York, United States
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Law360Law360
Center

BREAKING: Cravath Staffer Charged With Insider Trading

An employee at Cravath Swaine & Moore LLP on Thursday was arrested and charged with insider trading for allegedly exploiting nonpublic information about major deals involving the firm's clients, including Paramount Skydance Corp.'s $110 billion acquisition of Warner Brothers Discovery.

·New York, United States
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abajournal.comabajournal.com

Former Cravath employee charged with insider trading

{mag_summary}A former Cravath, Swaine & Moore employee has been arrested on charges of insider trading, according to federal prosecutors in Brooklyn, New York City. On…

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BizTocBizToc

Cravath Employee Is Charged With Insider Trading Using Confidential Deal Information

Prosecutors said the employee netted $70,000 in profits related to client matters including Paramount’s acquisition of Warner Bros.

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Law360 broke the news in New York, United States on Thursday, November 12, 2026.
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