In Your Interest
July 10, 2018/US SEC On July 10, 2018, the Securities and Exchange Commission charged a former research and development scientist at a California biotech company with insider trading in advance of three positive company announcements. According to the SEC’s complaint, former company scientist Gene Shen had access to material nonpublic […]
July 10, 2018/US SEC A federal district court in the Western District of New York entered a final judgment against Amherst, New York resident Lauramarie Colangelo, formerly an assistant to investment adviser Tarek D. Bahgat. The SEC’s complaint alleges that Bahgat misappropriated money from seven of his investment advisory clients, […]
July 10, 2018/US SEC The Securities and Exchange Commission today charged the former CEO of a New Jersey-based payment processing company and his romantic partner, in an insider trading scheme that leveraged nonpublic information about an impending merger announcement to generate more than $250,000 of illicit profits for the defendants. […]