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Showing posts with label Mathew Martoma. Show all posts
Showing posts with label Mathew Martoma. Show all posts

Thursday, January 9, 2014

Harvard expulsion revealed in trader's NYC trial


Today  after the jury had been seated, the court  unsealed documents that showed Mathew Martoma was expelled from Harvard Law School for fabricating his transcript. Jurors did not hear this information, and had left the room. Unless Mr Martoma takes the stand, the jury will most likely never know this ever happened.

From the New York Times
http://dealbook.nytimes.com/2014/01/09/ex-sac-trader-was-expelled-from-harvard-law-school/?_r=1&
In 1999, Mr. Martoma was expelled from Harvard for creating a false transcript when he applied for a clerkship with a federal judge, court papers unsealed on Thursday showed. Mr. Martoma used a computer program to change several grades from B’s to A’s, including one in criminal law, and then sent the forged transcript to 23 judges as part of the application process.
Then, during a Harvard disciplinary hearing to determine whether he should be expelled, Mr. Martoma tried to cover his tracks by creating a fake paper trail that included fabricated emails and a counterfeit report from a computer forensics firm that Mr. Martoma had created to help conceal his activities.
After Harvard expelled him, Mr. Martoma, who at the time was known as Ajay Mathew Thomas, legally changed his name to Mathew Martoma.
Mathew Martoma AKA Ajay Mathew Thomas



Harvard expulsion revealed in trader's NYC trial - Imperial Valley Press Online: Nation / World

From the Associated Press
A former money manager facing trial on insider trading charges was expelled from Harvard Law School more than a decade ago after he used a forged transcript he claimed he created to impress his parents to apply for a clerkship with as many as 23 federal appeals judges, according to documents unsealed Thursday.
The documents were released as prosecutors sought to introduce the Harvard ejection evidence into the trial of former SAC Capital Advisors employee Mathew Martoma in case they deem the documents necessary to rebut defense claims.

Opening statements were scheduled Friday in the trial of Martoma, of Boca Raton, Fla., who is accused of persuading a medical professor to leak secret data from an Alzheimer's disease trial.

Tuesday, March 5, 2013

MATHEW MARTOMA HEARING > updated

Update April 5, 2013
note below states that this hearing was held in the same courtroom where Martha Stewart was tried  9 year ago. As a complete coincidence Mathew Martoma just replaced Charles Stillman with one of the defense lawyers from the Martha Stewart case, Richard Strassberg who was Peter Bacanovic's lawyer. 
Below is a link to the NYT story about the switch. 
NYT Peter Lattman story


Today in Manhattan Federal Court in the same courtroom where the Cannibal Cop is being tried,  was a hearing regarding one of the largest cases involving insider trading in history. Mathew Martoma was a trader who allegedly  illegally used tips from a doctor  who was in charge of monitoring an Alzheimer’s drug tests to make millions of dollars. 
Today his defense attorney was granted more time by Judge Gardephe to review the 4 millions pages of documents he has received from the government. 
The judge granted his request, and the next hearing date is in June. 
Bloomberg Patty Hurtado Story:
Bloomberg Martoma Story

Charles Stillman defense attorney for Mathew Martoma speaking during court

After the hearing was over the Charles Stillman went off the record to tell the judge that he had first been in this particular courtroom 54 years ago working on the Buffalino case.
This was also the same courtroom where Martha Stewart was tried. As a complete coincidence she was across the street testifying in a civil trial at 60 Centre St.