August 10, 2017
The U.S. Securities and Exchange Commission asked a Georgia federal judge on Thursday to keep a $1.6 million insider trading judgment in place against an insurance broker who has said the government's evidence was insufficient, saying jurors had more than enough to nail him.
June 22, 2017
A Georgia federal judge ordered an insurance broker who made $500,000 from a tip about a Sanofi-Aventis SA acquisition to pay $1.6 million in disgorgement and penalties on Thursday, saying his "greed was overwhelming" but did not justify the maximum penalty of triple his profits.
April 10, 2017
An insurance broker who profited from a tip about a Sanofi-Aventis SA acquisition asked a Georgia federal court Friday to reject a request by the U.S. Securities and Exchange Commission that he pay $2.2 million for his wrongdoing, saying he would never be able to pay off such a massive sum.
February 17, 2017
A Georgia federal jury found against one man and cleared another Friday after the Securities and Exchange Commission accused them of raking in $550,000 by trading on inside information about a pending acquisition by Sanofi Aventis SA in 2009.
August 19, 2016
The U.S. Securities and Exchange Commission on Friday urged a Georgia federal judge to refuse a request to pause an insider trading action related to a $1.9 billion Sanofi-Aventis SA acquisition, saying the U.S. Supreme Court's upcoming decision in U.S. v. Salman won't affect some of the commission's claims.
July 19, 2016
A former broker at Morgan Stanley who was sentenced to a day in prison for his role in insider trading related to a $1.9 billion Sanofi-Aventis SA acquisition reached a $37,000 deal with the U.S. Securities and Exchange Commission, according to a filing in Georgia federal court Tuesday.
September 08, 2015
A Georgia accountant facing federal charges that he tipped off associates to Sanofi-Aventis SA's $1.9 billion purchase of Tennessee-based drugmaker Chattem Inc. lost his bid Friday to relax a lifetime ban levied by the U.S.Securities and Exchange Commission.