There will be a press conference today to announce charges against Navnoor Kang, a former portfolio manager at the New York State Common Retirement Fund, and two broker-dealers, Deborah Kelley and Gregg Schonhorn, for participating in a “pay-for-play" scheme involving the Fund. Relevant charging documents are attached.
The event will be livestreamed via Facebook at: www.facebook.com/usaosdny
WHO: Preet Bharara, United States Attorney for the Southern District of New York
William F. Sweeney, Special Agent-in-Charge of the New York Field Office of the Federal Bureau of Investigation
Andrew Ceresney, Director of the Division of Enforcement for the Securities and Exchange Commission
WHAT: Press Conference
WHEN: Wednesday, Dec. 21, 2016
12:00 p.m.
WHERE: U.S. Attorney’s Office, Southern District of New York
1 St. Andrew’s Plaza
New York, NY 10007
CONTACT: James Margolin, Dawn Dearden, Nicholas Biase
(212) 637-2600
NOTE: Please silence all cell phones, PDAs, and pagers before start of press conference.
Follow us on Twitter: @SDNYnews
DO NOT REPLY TO THIS MESSAGE. IF YOU HAVE QUESTIONS, PLEASE CALL THE PRESS OFFICE AT (212) 637-2600
Source: U.S. Department of Justice, Office of the United States Attorneys
