Couple Settles SEC's Dell Insider Trading Claims

Law360, New York (February 28, 2012, 12:10 PM EST) -- The U.S. Securities and Exchange Commission told a Texas federal judge on Monday that it had reached a partial settlement with a former Dell Inc. administrative assistant and her husband who allegedly traded using insider information, slapping both with a permanent injunction and the possibility of fines.

Marleen and John Jantzen consented to the commission's motion for partial judgment in the suit accusing them of acting on insider information about Dell's 2009 purchase of Pernot Systems Corp. The settlement permanently enjoins the pair from violating the...
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