Skip to content
Subscriber Only

Morgan Stanley Broker Charged in Post-It Insider Scheme

A Morgan Stanley broker and a law firm employee were charged with insider trading in a scheme that included passing tips on notes and napkins that a middleman swallowed under the big clock in Grand Central Terminal.

Steven Metro, 40, the managing clerk at Simpson Thacher & Bartlett LLP in New York, was accused today of stealing confidential data on 13 corporate transactions and tipping a friend who passed it to broker Vladimir Eydelman, 42, according to an arrest complaint in U.S. court in Newark, New Jersey.