SEC Wants Pilot To Pay $2.4M For Insider Trading

Law360, Miami (February 21, 2013, 10:12 PM EST) -- The U.S. Securities Exchange Commission on Thursday asked a Florida federal judge to order a maximum judgment of $2.4 million against an American Airlines pilot involved in insider trading of World Fuel Services Corp. stock, emphasizing his repeat offenses and lack of admission of wrongdoing.

The SEC is seeking a civil penalty of nearly $1.8 million from defendant Eric Gordon, triple the $589,031 in profits he and two friends allegedly made through put-option trades on World Fuel stock they placed after a company executive gave Gordon...
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Case Information

Case Title

Securities and Exchange Commission v. Scoppetuolo et al

Case Number



Florida Southern

Nature of Suit



William C. Turnoff

Date Filed

February 16, 2010


Government Agencies

UK Financial Services

UK Financial Services

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