Perot Investor To Disgorge $8.6M In Insider Trading Suit
Law360, New York (January 06, 2010, 1:19 PM ET) -- Perot Investments Inc.'s Reza Saleh has agreed to return $8.6 million in profits federal securities regulators said he garnered by investing in Perot Systems Corp. ahead of a $3.9 billion buyout offer from Dell Inc.
Saleh of Richardson, Texas, agreed to the disgorgement and a permanent injunction as part of a settlement with the U.S. Securities and Exchange Commission filed Tuesday in the U.S. District Court for the Northern District of Texas.
The SEC plans to ask the court to appoint a third party to recommend...
Saleh of Richardson, Texas, agreed to the disgorgement and a permanent injunction as part of a settlement with the U.S. Securities and Exchange Commission filed Tuesday in the U.S. District Court for the Northern District of Texas.
The SEC plans to ask the court to appoint a third party to recommend...
To view the full article, take a free trial now.

