A former McKinsey & Co partner who helped advise Goldman Sachs Group Inc on its recent purchase of fintech lender GreenSky Inc was sentenced on Wednesday to two years in prison for insider trading on the takeover. The defendant, Puneet Dikshit, 41, had pleaded guilty in December to a securities fraud charge. U.S. District Judge Colleen McMahon, who imposed the sentence in federal court in Manhattan, also ordered Dikshit to forfeit $455,017, representing his illegal profit.
In a push to strengthen its consumer banking business, Goldman Sachs (GS) acquires GreenSky in an all-stock deal.
Investment company Cannon Global Investment Management, LLC (Current Portfolio) buys BHP Group, SPDR S&P Regional Banking ETF, Xilinx Inc, VMware Inc, GreenSky Inc, sells Brown & Brown Inc, BHP Group PLC, OptimizeRx Corp, Sea, Saia Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Cannon Global Investment Management, LLC.