Preet Bharara, the United States Attorney for the Southern District of New York, announced that Daniel A. Corbin, a day trader from Miami Beach, Florida, pled guilty today to conspiracy and securities fraud charges arising from a scheme in which he obtained and traded on material, non-public information. CORBIN pled guilty before U.S. Magistrate Judge HENRY B. PITMAN. Manhattan U.S. Attorney Preet Bharara said: “Daniel Corbin thought he had a golden source for inside tips and traded on the information he received with impunity. He played a high risk and high stakes game, and it caught up with him in the end.” According to the information, a superseding indictment, previously filed complaints, and statements made during today’s guilty plea proceeding: From February 2005 through September 2008, CORBIN obtained material, non-public information (“Inside Information”) from JAMIL BOUCHAREB. BOUCHAREB obtained the Inside Information about several mergers and acquisitions of public compa...