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New York Man Sentenced to 16 Months in Federal Prison for Role in $1.7 Million Insider Trading Scheme

LOS ANGELES—A former vice president in the Los Angeles office of the Lippert Heilshorn & Associates investor relations firm has been sentenced to 16 months in federal prison for providing confidential information that was used in an insider trading scheme that generated $1.7 million in illegal profits for his associates. Zachary Bryant, 40, of Long Island City, New York, was sentenced Monday by United States District Judge John F. Walter. Bryant pleaded guilty last year to one count of conspiring to commit insider trading.