Ex-Pitney Bowes Exec Settles Insider Trading Case

Law360, New York (July 20, 2011, 1:14 PM EDT) -- A former executive of postal technology company Pitney Bowes Inc. has agreed to pay more than $114,000 to settle allegations that he traded on inside information about his former employer's acquisition of a mapping software company, securities regulators in Washington said Tuesday.

Howard B. Wildstein will give up more than $51,000 he made from illegal trades in MapInfo Corp. common stock and pay nearly $12,500 in interest, according to the U.S. Securities and Exchange Commission. Without admitting to the allegations, Wildstein also agreed to pay a...
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