Two days before the September 15 public announcement that Goldman Sachs is acquiring Greensky, Dikshit allegedly sold all of these longer-dated GreenSky call options. He then purchased around 2,500 out-of-the-money GreenSky call options due to expire on September 17. He sold these call options after the announcement and made approximately $450,000 in profits.
In a statement, Manhattan U.S. Attorney Damian Williams said breached his duties to McKinsey and Goldman Sachs. His conduct is a violation of the law. He said, “Puneet Dikshit has been charged with serious felonies for his alleged conduct.”
On the other hand, FBI Assistant Director Michael J. Driscoll said: “As alleged, Mr. Dikshit exploited his access to material nonpublic information regarding the acquisition of Green Sky to profit from trades he made in options markets. Actions like those we allege serve to undermine the public’s confidence in the integrity of financial markets…”
The FBI and our partners are committed to ensuring a level playing field for all investors. Mr. Dikshit now faces significant federal charges, which should serve as a warning to others considering similar conduct,” added Driscoll.
