Ex-Hartford Analyst Takes Deal For Insider Trading

Law360, New York (February 11, 2010, 1:24 PM EST) -- A former Hartford Investment Management Co. financial analyst consented to a permanent injunction and agreed to pay a fine in a U.S. Securities and Exchange Commission case over alleged insider trading related to Liberty Mutual Insurance Co.'s acquisition of Safeco Corp.

The SEC filed a request to enter the consent judgment against Peter Talbot in the U.S. District Court for the District of Massachusetts on Wednesday. The amount of the fine, which covers disgorgement and a civil penalty, has yet to be determined.

The SEC sued...
To view the full article, register now.