Romero Cabral Da Costa Neto, a 33-year-old Brazilian attorney, formerly associated with Gibson, Dunn & Crutcher, has been sentenced to two months in prison due to insider trading charges. This conviction follows his guilty plea for illegal trading based on material, nonpublic information, as divulged by the U.S. Attorney’s Office for the District of Columbia. Da Costa Neto was sentenced by U.S. District Judge Carl J. Nichols of the District of Columbia.
For more detailed information, please refer to the original article found on National Law Journal’s website.