NEW YORK Jan 11 A former director at Barclays
Plc was sentenced on Wednesday to five months in a U.S.
prison for repeatedly tipping off a friend who worked as a
plumber to impending mergers underway at the bank so that the
friend could engage in insider trading.
Steven McClatchey, 58, was also ordered by U.S. District
Judge Katherine Polk Failla to pay a $10,000 fine and jointly
with the plumber forfeit $76,000 after pleading guilty in July
to conspiracy and securities fraud charges.
(Reporting by Nate Raymond in New York; Editing by Jonathan