October 10, 2013
Two Brazilian brothers have agreed to pay $4.8 million to settle a U.S. Securities and Exchange Commission suit after being identified as the source of suspicious trading in H.J. Heinz Co. shares before the company's $28 billion sale, the agency said Thursday.
February 22, 2013
A Swiss trading account linked to potential insider trading ahead of H.J. Heinz Co.'s $28 billion sale will be frozen indefinitely, a New York federal judge ruled Friday after the account holders failed to show up in court.
February 21, 2013
Goldman Sachs Group Inc. has informed the U.S. Securities and Exchange Commission that it does not have access to information about an account holder who allegedly traded on insider information before last week's $28 billion sale of H.J. Heinz Co., according to a Wednesday court filing.