Diamondback Manager Gets Probation For Insider Trading
Scolaro, who traded on inside information about TPG Capital's $1.3 billion acquisition of Axcan Pharma Inc. in 2007, was also fined $150,000 and ordered to forfeit about $126,000 in illicit profits.
His tip on the deal came, indirectly, from Ropes & Gray LLP lawyers bribed as part of the Zvi Goffer-led insider trading ring, according...
Already a subscriber? Click here to login