Federal prosecutors in Washington, D.C., are urging an eight-month prison sentence for Romero Cabral da Costa Neto, a 33-year-old former lawyer at Gibson, Dunn & Crutcher.. The sentence is less than the eight months federal prosecutors had sought for Romero Cabral da Costa Neto, who made a profit of more than $42,000 by trading on insider information he took from.
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A Brazilian national, previously working as a visiting international attorney, is charged by complaint, unsealed today, with insider trading. Romero Cabral Da Costa Neto, 33, of Rio de Janeiro, is a licensed attorney in Brazil who had been working as an international visiting attorney in the United States, on a one-year J-1 Visa, at a U.S. law firm.. Romero Cabral Da Costa Neto (Costa), 33, of Rio de Janeiro, had been residing and working as a visiting attorney in Washington D.C., on a one-year J-1 Visa, at a global U.S. law firm (the Law Firm). Costa was arrested on Aug. 22, 2023, by agents with the FBI’s Washington Field Office.
