Press Conference Advisory

There will be a press conference today to announce charges against Navnoor Kang, a former portfolio manager at the New York State Common Retirement Fund, and two broker-dealers, Deborah Kelley and Gregg Schonhorn, for participating in a “pay-for-play” scheme involving the Fund.  Relevant charging documents are attached. 

The event will be livestreamed via Facebook at:  www.facebook.com/usaosdny

WHO:             Preet Bharara, United States Attorney for the Southern District of New York

                       William F. Sweeney, Special Agent-in-Charge of the New York Field Office of the Federal Bureau of Investigation

                        Andrew Ceresney, Director of the Division of Enforcement for the Securities and Exchange Commission

WHAT:           Press Conference

WHEN:           Wednesday, December 21, 2016

12:00 p.m.

WHERE:         U.S. Attorney’s Office, Southern District of New York

                             1 St. Andrew’s Plaza

                        New York, NY 10007

CONTACT:    James Margolin, Dawn Dearden, Nicholas Biase

(212) 637-2600

NOTE:            Please silence all cell phones, PDAs, and pagers before start of press conference.

Follow us on Twitter: @SDNYnews

DO NOT REPLY TO THIS MESSAGE.  IF YOU HAVE QUESTIONS, PLEASE CALL THE PRESS OFFICE AT (212) 637-2600