PRNewser has learned that Financial Dynamics has signed the Dow Chemical M&A account away from Brunswick Group in the wake of the “Golden Goose” insider trading scandal. The information was obtained from a credible source who wishes to remain anonymous.
Numerous emails to people at both firms as well as to David Winder, media relations at Dow have not been returned. I spoke to people at both firms yesterday who promised to look in to it and call back. Neither has at the time of this post.
To recap, a former Lehman salesman was caught sharing industry secrets with friends and clients gleaned from his wife Nina Devlin’s work at Brunswick. Matthew Devlin plead guilty this week to four counts of conspiracy to commit insider trading and one count of securities fraud. Nina Devlin was not charged.
PRWeek found out yesterday afternoon that Dow suspended work with Brunswick.
This post will be updated if and when any sources contacted get in touch.