Quattrone Pleads Not Guilty to Charges
The former star CSFB banker reportedly pleads not guilty to obstruction of justice and witness tampering.
Frank Quattrone, the former
Credit Suisse First Boston
technology investment-banking guru, reportedly pleaded not guilty Tuesday to charges of obstruction of justice and witness tampering.
Prosecutors alleged that Quattrone directed CSFB employees to destroy documents subpoenaed by a federal grand jury and the
SEC
, according to a
Reuters
report. The SEC was looking into how CSFB allocated shares of hot stock offerings in the 1990s.
Quattrone told Judge Richard Owen that he understood the charges, and he entered a plea of not guilty, according to
Reuters
. The trial is scheduled for late September, the report said.
Quattrone declined to comment after the hearing, according to the report.
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