Tag Archives: Insider Trading

SEC Charges Michael Bartoszek and his Penny Stock Company with Fraud and Insider Trading

SEC v. Laidlaw Energy Group, Inc. and Michael B. Bartoszek, Case No. 13-cv-3887 (S.D.N.Y.).  On June 5, 2013, the SEC announced charges against Laidlaw Energy Group and its CEO Michael B. Bartoszek.  According to the SEC, Bartoszek sold billions of … Continue reading

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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 Mark Begelman with Insider Trading

SEC v. Mark D. Begelman, Case No. 9:13-cv-80396 (S.D. Fl.).  On April 22, 2013, the SEC announced it filed a settled insider trading case against Mark Begelman for trading based on confidential information obtained through his membership in the World … Continue reading

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SEC Files Insider Trading Charges against Trader Joseph Mancuso

SEC v. Joseph Mancuso, Case No. 13-cv-2555 (S.D.N.Y.).  On April 17, 2013, the SEC announced it filed insider trading charges against Joseph Mancuso who used to be a trader at registered broker-dealer Schottenfeld Group.  The SEC alleges that Mancuso obtained … Continue reading

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SEC Files Settled Insider Trading Charges Against Investment Banker Richard Bruce Moore

SEC v. Richard Bruce Moore, Case No. 13-cv-2514 HB (S.D.N.Y.).  On April 16, 2013, the SEC announced it filed settled insider trading charges against Richard Bruce Moore.  According to the SEC, Moore purchased American Depositary Receipts (“ADRs”) of  Tomkins plc, … Continue reading

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SEC Charges Scott Reiman with Insider Trading

In the Matter of Scott Reiman, Admin. Proc. File No. 3-15277.  On April 15, 2013, the SEC announced it initiated and settled an administrative proceeding charging Scott Reiman with insider trading.  According to the SEC Order Instituting Proceedings, Reiman is … Continue reading

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SEC Sues Former KPMG Partner for Insider Trading

SEC v. Scott London and Bryan Shaw, Case No. CV 13-02558 (C.D. Cal.).  On April 11, 2013, the SEC announced it filed insider trading charges against former KPMG partner Scott London and his friend Bryan Shaw.  The SEC alleges that … Continue reading

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SEC Charges Medical Device Company Employee for Illegally Tipping His Brother

SEC v. Tai Nguyen and Thanhha Bao, Case No. 12-cv-5009 (GBD) (S.D.N.Y.).  On April 8, 2013, the SEC announced an enforcement action against ThanhHa Bao, who worked in the finance department at Abaxis Inc.  The SEC alleges that Bao routinely … Continue reading

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SEC Settles S.A.C. Capital Insider Trading Case for $600 Million

SEC v. CR Intrinsic Investors, LLC et al., Case No. 12 Civ. 8466 VM (S.D.N.Y.).  On March 18, 2013, the SEC announced it settled insider trading charges against CR Intrinsic Investors, an affiliate of S.A.C. Capital for more than $600 … Continue reading

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SEC Obtains Emergency Asset Freeze of Account Used in Insider Trading Ahead of Heinz Acquisition

SEC v. Certain Unknown Traders in the Securities of H.J Heinz Company (S.D.N.Y.).  On February 15, 2013, the SEC announced that it obtained an emergency court order to freeze assets in a Zurich, Switzerland-based trading account that was used to obtain … Continue reading

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