Matthew Kluger is a disbarred [1] 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. [2] 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. [3] 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. [4] He explained in detail the nature of his conduct in a video interview. [5] In 2014, he gave an extensive interview with Fortune Magazine about the details of his life in prison. [6] His conduct was featured on an episode of the CNBC series American Greed. [7] A motion to vacate his sentence was denied in 2018. [8]
Kluger is gay and has three children with a former boyfriend. [9] [10] [11] [12] He is currently housed at RRM Pittsburgh (Residential Re-entry Management, i.e. a halfway house in the Pittsburgh area), Federal Bureau of Prisons inmate number 78142-083.
Matthew Kluger is a disbarred [1] 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. [2] 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. [3] 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. [4] He explained in detail the nature of his conduct in a video interview. [5] In 2014, he gave an extensive interview with Fortune Magazine about the details of his life in prison. [6] His conduct was featured on an episode of the CNBC series American Greed. [7] A motion to vacate his sentence was denied in 2018. [8]
Kluger is gay and has three children with a former boyfriend. [9] [10] [11] [12] He is currently housed at RRM Pittsburgh (Residential Re-entry Management, i.e. a halfway house in the Pittsburgh area), Federal Bureau of Prisons inmate number 78142-083.