We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

LendingTree Exec Indicted On Insider Trading Charges

Law360 (April 25, 2006, 12:00 AM EDT) -- Following a long line of LendingTree Inc. employees, a senior vice president of the financial services company has been indicted on federal charges of insider trading connected to USA Interactive’s acquisition of the company in 2003.

David N. Anderson, the sixth person indicted in the ongoing inquiry into insider trading at LendingTree, is accused of revealing information about the negotiations between the company and USA Interactive that aided co-workers in making thousands of dollars in improper gains.

Anderson’s indictment was filed under seal this month and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.