SEC Nabs Trader Who Got Inside Tip On Chemed

Law360, New York (February 11, 2008, 12:00 AM EST) -- An investor who allegedly made almost $30,000 in one week last year by acting on inside information concerning a Chemed Corp. quarterly earnings statement has settled the U.S. Securities and Exchange Commission's complaint.

William G. Williams agreed to a final judgment last Thursday in the U.S. District Court for the Southern District of Florida. The complaint's sole count accused him of violating Section 10 of the Securities Exchange Act.

While neither admitting nor denying the charges, Williams consented to a permanent injunction against violating SEC laws....
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.