UBS Banker Poteroba’s Friend Koval Sentenced to 26 Months

Alexei Koval, who admitted that he conspired with former UBS AG investment banker Igor Poteroba to make $1.4 million in a four-year insider-trading scheme, was sentenced to 26 months in prison.

Koval, 37, who worked at Northern Trust as a pricing manager before his arrest in March 2010, was sentenced today in Manhattan federal court after pleading guilty in January to conspiracy and securities fraud.