Ex-Merck Analyst Zwerko Gets Three-Year Insider-Trading Sentence

A former Merck & Co. analyst was sentenced to three years and a month in prison for passing merger tips to an ex-business school classmate who worked at Bank of New York Mellon Corp., prosecutors said.

Zachary Zwerko pleaded guilty in February to giving inside information to the former BNY Mellon employee, who used it to earn $700,000 in illicit profit. Zwerko said he was paid $57,000 for the tip.

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