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Goldman Sachs Indicted Insider Trader Goel Disputes Audio Seeking Delay But June 12 Trial

By Matthew Russell Lee, Patreon Maxwell Book
BBC - Honduras - CIA Trial Book - NY Mag

SDNY COURTHOUSE, Nov 17 – Former Goldman Sachs investment banker Brijesh Goel was arraigned on insider trading charges on the morning of July 28, 2022. Inner City Press there - although the arraignment had not be listed in the docket, nor announced by prosecutors.

 Goel's case is assigned to U.S. District Court for the Southern District of New York Judge P. Kevin Castel, who held the arraignment.  

 Even afterward, the docket did not contain any notice of the arraignment - in contrast to the July 27 arraignment for insider trading of former Indian Congressman Steve Buyer, Inner City Press story here, video here.

  Goel, represented by defense lawyer Reed Brodsky who was still not listed on the docket - no notice of appearance? - after the proceeding, pleaded not guilty.

Assistant US Attorney Joshua Naftalis said his office agreed to release on $1 million bond, and no contact with "CC-1."

   Brodsky, too, was concerned about CC-1. He specifically asked that all information about debriefing sessions with CC-1 be provided in two or three weeks, so that he or successor counsel can decide by the September 14 next conference whether to file motion.

This was incorporated into Judge Castel's Rule 5(f) order.

  Goel is accused of feeding inside information to his graduate school friend and squash partner Akshay Niranjan, at Barclays. 

 Brodsky said Goel "could not consent" to excluding time under the Speedy Trial Act. But then after conferring, he did not oppose. Time was excluded. 

On November 17, another conference was held, and Inner City Press was there. Brodsky said that the audio in the case is inaudible. Judge Castel said this came up before him recently - yes, in US versus former Honduras president Juan Orlando Hernandez, as Inner City Press reported. Brodsky said he might make a motion, unlike JOH's counsel Raymond Colon.

Brodsky had other motions, some of which Judge Castel asked why he had "sat on" until this conference. When the time came to set the trial date, Brodsky asked for October, but Judge Castel put it at June 12 with motions due before that. Inner City Press will continue to cover the case - watch this site.

 The case is US v. Goel, 22-cr-396 (Castel) 


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