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SEC tests insider-trading theory at trial of ex-Bay Area biotech executive

SEC tests insider-trading theory at trial of ex-Bay Area biotech executive
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SEC tests insider-trading theory at trial of ex-Bay Area biotech executive

SEC tests insider-trading theory at trial of ex-Bay Area biotech executive
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SEC Tests Insider-Trading Theory at Trial of Ex-Biotech Executive

(Bloomberg) A lawyer for the US Securities and Exchange Commission told a jury that a former biotech executive’s $120,000 windfall on a trade in a competing company’s stock was “like betting on a game when you know who’s going to win” because he knew the pending takeover of his firm would likely boost its rival.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay

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SEC tests insider-trading theory at trial of ex-Bay Area biotech executive

SEC tests insider-trading theory at trial of ex-Bay Area biotech executive
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"AI, Finance, Movies, And The Law" - Prepared Remarks Before The Yale Law School, SEC Chair Gary Gensler, New Haven, CT, Feb. 13, 2024

"AI, Finance, Movies, And The Law" - Prepared Remarks Before The Yale Law School, SEC Chair Gary Gensler, New Haven, CT, Feb. 13, 2024
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