Eric A. Holzer, 34, a former tax associate at Paul, Hastings, Janofsky & Walker, pled guilty to insider trading after raking in $120,000 in illegal profits after an ex-Lehman Brothers broker tipped him off to upcoming M&A transactions. Although the call for a maximum of 25 years in prison, the parties agree that the U.S. Sentencing Guidelines call for Holzer to receive a 12-18 month sentence.



