Former Credit Suisse First Boston star banker, Frank Quattrone this week pleaded not guilty to charges of witness tampering and obstructing grand jury and SEC investigations into CSFB's treatment of highly sought-after initial public offerings (IPOs), during the technology boom in the late 1990s.
Speaking before US District Judge Richard Owen in Manhattan federal court on Tuesday, the former CSFB technology group head announced: 'I'm innocent'.
The investigation into CSFB's allocation of IPO shares was closed without charges in 2001. However, Mr Quattrone's forwarding and personal endorsement of a December 5, 2000 e-mail urging CSFB employees to 'catch up on file cleaning' in the face of the SEC and grand jury probes led to the criminal charges which were brought against him last month.
According to reports, the tech banker's lawyer, John Keker, had asked for a July trial date. However, due to various scheduling conflicts, the trial is now set to commence on September 29.
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