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Ex-Goldman Banker Facing Insider Trial Cut Off by Insurer | Bloomberg

On Behalf of | Mar 13, 2023 | Firm News, Goel

A former Goldman Sachs Group Inc. vice president who goes on trial for insider trading in June is scrambling to pay for his legal defense after he was cut off by the bank’s insurers. Brijesh Goel, who has pleaded not guilty to providing inside information about Goldman deals to a squash buddy, sued AIG on Monday in New York state court over its decision to stop covering legal bills that have already totaled at least $5 million.

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