Credit: Proxima Studio/Adobe Stock West Palm Beach Federal Court Imposes $850K Penalty for Insider Trading
The U.S. Securities & Exchange Commission alleged that the defendant misappropriated material and non-public information regarding the partnership between ADT Inc. and Google LLC from a family member, who is a senior employee at the security company.
August 05, 2024 at 01:26 PM
3 minute read
Litigation
A federal district court in West Palm Beach entered final judgment Monday in a case in which a Boca Raton man will pay nearly $850,000 in pay disgorgement and civil penalties following a settlement with the U.S. Securities and Exchange Commission.
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