Asset Freeze Extended For TXU Traders

Law360, New York (April 13, 2007, 12:00 AM EDT) -- A British couple who have been accused of engaging in insider trading in the days leading up to the $32 billion buyout of energy company TXU will have to wait a little longer to access their bank accounts, after a judge extended a freeze on their asserts.

On Thursday, Judge George Lindberg of the U.S. District Court for the Northern District of Illinois added 60 days to the hold placed on the assets of Sunil Sehgal and Seema Sehgal, as stipulated by an agreement reached between...
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