Ex-Nixon Peabody Lawyer Sued For Insider Trading

Law360, New York (September 21, 2009, 7:25 PM EDT) -- Federal regulators have accused a former Nixon Peabody LLP attorney of insider trading in connection with a merger she worked on while at the firm.

The U.S. Securities and Exchange Commission filed suit Thursday in the U.S. District Court for the District of Columbia, alleging Melissa A. Mahler bought stock in a company shortly after being asked to draft a letter of intent involving its potential merger and cashed in after the deal took place.

After initial discussions with Mahler about a merger with Rooms.com, Roger...
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