Law360, New York (August 23, 2011, 12:57 PM ET) -- The U.S. Securities and Exchange Commission on Monday asked a Texas federal judge to impose civil penalties totaling more than $160,000 on a former Dell Inc. administrative assistant and her husband for insider trading tied to Dell's $3.9 billion purchase of Perot Systems Corp. in 2009.
The SEC said the maximum penalty should apply because it presented ample evidence that Marleen Jantzen tipped off her husband John, a registered securities broker, that Dell was on the verge of purchasing Perot Systems in September 2009. John Jantzen...
SEC Seeks Tough Penalties For Alleged Dell Inside Trader
To view the full article, take a free trial now.
