SEC, Analyst OK Deal In Alleged Carter's Insider Trading Plot

Law360, New York (October 29, 2013, 7:45 PM EDT) -- A retired stock market analyst has settled claims that he traded shares of Carter's Inc. based on inside tips from a former executive at the children’s clothing firm who previously pled guilty in the alleged scheme, the U.S. Securities and Exchange Commission said Tuesday.

The SEC filed and settled a suit in Georgia federal court alleging Dennis Rosenberg, a retired hedge fund investment consultant and market analyst who once covered the stock of Carter’s, earned about $500,000 by trading on nonpublic information from Eric Martin, the...
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Case Information

Case Title

Securities And Exchange Commission v. Rosenberg


Case Number

1:13-cv-03559

Court

Georgia Northern

Nature of Suit

Securities/Commodities

Judge

Amy Totenberg

Date Filed

October 28, 2013

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