Tag Archives: illegal trades

Level Global Settles SEC Insider Trading Case for $21.5 Million

SEC v. Adondakis et al., Case No. 12 Civ. 0409 HB (S.D.N.Y).  On April 30, 2013, the SEC announced it settled insider trading charges against Level Global Investors LP.  In January 2012, the SEC filed insider trading charges against Level … Continue reading

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SEC Charges Financial Adviser Kevin Dowd with Tipping Insider Information

SEC v. Kevin L. Dowd.  On January 25, 2013, the SEC announced charges in New Jersey Federal Court against Kevin Dowd for illegally tipping inside information.  The SEC alleges that Dowd learned about the acquisition of Pharmasset Inc. by Gilead … Continue reading

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SEC Charges Hyung Lim With Insider Trading For Tipping Hedge Fund Manager

SEC v. Hyung Lim, Case No. 12-CV-6707 (S.D.N.Y.).  On September 4, 2012, the SEC charged Hyung Lim with insider trading.  Lim obtained information about Nvidia Corporation’s quarterly earnings announcements from a friend who worked there.  Lim would then tip hedge … Continue reading

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SEC Charges Bristol-Myers Squibb Co. Executive Robert Ramnarine With Insider Trading

SEC v. Robert D. Ramnarine, Case No. 2:12-cv-04837-SDW-MCA.  On August 2, 2012, the SEC announced insider trading charges against Robert Ramnarine, a high-level executive in the treasury department at Bristol-Myers Squibb Co.  After getting material nonpublic information regarding the potential … Continue reading

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SEC Charges Fund Manager Peter Siris and Others With Fraud Related to Chinese Reverse Merger Company

SEC v. Peter Siris, et al.; SEC v. Alan Sheinwald, et al.; In the Matter of Peter Dong Zhou; In the Matter of Stephen Mazuchowski (A/K/A Steve Mazur); In the Matter of James Fuld, Jr.  On July 30, 2012, the … Continue reading

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