Sister Of Jailed Insider Trader Nguyen Settles SEC Suit

Law360, New York (April 8, 2013, 6:09 PM EDT) -- Former Abaxis Inc. employee ThanhHa Bao on Monday agreed to pay about $145,000 to settle a U.S. Securities and Exchange Commission suit alleging she passed inside information about the biotechnology firm to her brother, now-imprisoned expert networking consultant Tai Nguyen.

The SEC filed an amended complaint in its suit against Nguyen that added Bao as a defendant. She agreed to immediately settle the claims and will be barred from serving as an officer or director of a public company for five years, the SEC said....
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Case Information

Case Title

Securities and Exchange Commission v. Nguyen

Case Number



New York Southern

Nature of Suit



George B. Daniels

Date Filed

June 26, 2012

Government Agencies

UK Financial Services

UK Financial Services

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