September 7, 2022/US SEC The Securities and Exchange Commission yesterday filed insider trading charges against a former vice president of an Arizona medical device company for insider trading in advance of the company’s earnings announcements. The SEC’s complaint, filed in the U.S. District Court for the District of New Hampshire, […]
Frauds & Scandals
SEC Charges Perceptive Advisors for Failing to Disclose SPAC-Related Conflicts of Interest
September 6, 2022/US SEC The Securities and Exchange Commission today charged New York-based investment adviser Perceptive Advisors LLC with failing to disclose conflicts of interest regarding its personnel’s ownership of sponsors of special purpose acquisition companies (SPACs) into which Perceptive advised its clients to invest. According to the SEC’s order, […]
SEC Charges Former Rail Freight Trader with Accounting Fraud
September 2, 2022/US SEC The Securities and Exchange Commission today charged David Pope, a rail freight trader formerly employed by agricultural cooperative CHS Inc., for manipulating the values and quantities of certain of the company’s rail freight contracts. In December 2018, CHS restated its publicly filed financial statements from 2014 […]
