A former Ernst & Young partner has been charged by US prosecutors with passing on insider trading information to a friend at a Pennsylvania investment banking firm ahead of seven deals involving the accounting firm’s clients, including the Blackstone-led $17.6bn takeover of Freescale Semiconductor in 2006. James Gansman, who worked in E&Y’s transactional advisory services department, was charged with conspiracy and securities fraud. His friend, Donna Murdoch, was also charged.

This entry was posted by Gwen Robinson on Friday, May 30th, 2008 at 5:14 and is filed under Capital markets, People. Tagged with ernst & young. Edit this entry.