Government
Feb. 10, 2016
Super Bowl chatter led to insider trading, SEC claims in lawsuit
Insider information shared over a Super Bowl weekend five years ago by an e-commerce executive with a friend led to out-of-bounds stock purchases, the U.S. Securities and Exchange Commission said in a lawsuit.
Daily Journal Staff Writer
Insider information shared over a Super Bowl weekend five years ago by an e-commerce executive with a friend led to out-of-bounds stock purchases, the U.S. Securities and Exchange Commission said in a lawsuit.
The SEC sued three Los Angeles-area men in federal court Friday, accusing them of securities fraud when they took the information provided by the executive in early...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In