Ex-Nixon Peabody Atty Settles Insider Trading Claims

Law360, New York (March 19, 2010, 2:03 PM EDT) -- A former Nixon Peabody LLP corporate attorney has agreed to pay nearly $14,000 to settle U.S. Securities and Exchange Commission allegations that she bought a client's stock while working on its potential merger and cashed in after the deal was sealed.

Judge Paul L. Friedman of the U.S. District Court for the District of Columbia entered a judgment Tuesday that resulted from the SEC's settlement with Melissa A. Mahler, who left Nixon Peabody nearly five years ago amid regulatory scrutiny.

Under the deal, Mahler agreed to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.