M&A Resurgence May Fuel SEC's Insider Trading Fire

Law360, New York (February 19, 2013, 8:17 PM EST) -- As big corporate deals make a comeback, the U.S. Securities and Exchange Commission will be watching closely for insider trading on the eve of public announcements, suggesting Friday’s suit over the $28 billion H.J. Heinz Co. acquisition won’t be an aberration.

The SEC took action against multiple unnamed investors who traded Heinz securities just before Warren Buffett's Berkshire Hathaway Inc. and private equity firm 3G Capital Management LLC bought the iconic firm. The traders, who were not identified in a New York federal court complaint, allegedly...
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