SEC Says Calif. Atty Stole Info On $2.8B Abbott Deal

Law360, New York (June 6, 2011, 1:08 PM EDT) -- The U.S. Securities and Exchange Commission sued a California attorney Friday for allegedly trading on inside information about Abbott Laboratories' $2.8 billion deal to buy Advanced Medical Optics that he stole from his daughter, a lawyer working on the transaction.

The agency accused Dean A. Goetz of misappropriating material, nonpublic information from deal-related documents that his daughter, a corporate associate in the firm representing Advanced Medical, worked on at his home while she was visiting her parents for the holidays in December 2008.

The complaint does...
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