Ex-Nasdaq Exec Settles SEC Insider Trading Charges

Law360, New York (July 13, 2011, 3:30 PM EDT) -- A former Nasdaq executive who pled guilty in May to fraud charges stemming from a $640,000 insider trading scheme agreed in New York federal court on Wednesday to settle a related civil case brought by U.S. securities regulators.

Donald L. Johnson consented to an order barring him from further securities violations in order to resolve the suit brought by the U.S. Securities and Exchange Commission. The SEC has not yet sought disgorgement or a civil penalty, but if it does, Johnson has agreed not to fight...
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