A trader says he got tipsy and received some insider info from a buddy while playing squash. The details were revealed at a court hearing this week in an insider trading case against a former Goldman Sachs trader. A former Barclays trader testified against Brijesh Goel, who revealed info on a company that was about to be acquired. During the game, Goel told Niranjan about a company called Lumos Pharma and recommended buying options. According to Bloomberg, Goel says he's been set up by Niranjan, who he claims is looking to avoid punishment for insider trading.

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Persons: Goldman Sachs, Brijesh Goel, —, Goldman, Akshay Niranjan, Goel, Niranjan, Lumos, he's, Bloomberg's Organizations: Barclays, Service, Lumos Pharma, Bloomberg Locations: Manhattan