Barclays Director Accused of Trading Tips for New BathroomBy
Steven McClatchey charged with insider trading in New York
McClatchey allegedly told plumber friend about future mergers
A former Barclays Plc director was accused by the U.S. of giving tips about future mergers and acquisitions to a plumber friend in exchange for cash and a new bathroom, an arrangement that went down the drain when the plumber snitched to the government.
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