A federal judge has postponed sentencing of two former CDR Financial Products Inc., employees until after the bid-rigging trial against former Bank of America executive Phillip Dennis Murphy, which is slated to start Feb. 3, 2014.

Daniel Moshe Naeh and Douglas Goldberg, who pleaded guilty in 2010 to participating in a conspiracy to rig bids for municipal bond investment contracts, will now be sentenced on March 20, 2014, according to a March 4 order from Judge Harold Baer of the U.S. District Court for the Southern District of New York.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.