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Ex-Goldman Banker Released on $500,000 Bail in Insider-Trading Case

  • Brijesh Goel was charged Monday by N.Y. federal prosecutors
  • Goel’s lawyer says he’s innocent, US rushed case against him

Former Goldman Sachs Group Inc. banker Brijesh Goel was released on $500,000 bail after being charged with insider trading.

Goel’s indictment was announced Monday by federal prosecutors in New York. He made his initial court appearance in San Francisco later in the day, where a magistrate judge ordered his release on an unsecured bond, according to a court filing. Other terms of his bail remain confidential.