January 27, 2026
The U.S. Securities and Exchange Commission has settled three separate insider trading cases this week for a total of $1 million, entering agreements with a trader who was allegedly tipped off about a $3 billion acquisition and another who had already pled guilty to insider trading.
October 22, 2024
A day trader moved for an early win in a U.S. Securities and Exchange Commission insider trading case alleging the trader was tipped off by a former Francisco Partners consultant about the firm's $3.4 billion purchase of Verifone Systems Inc., arguing there is no evidence that he knew he received material nonpublic information, let alone traded on it.
February 23, 2023
The U.S. Securities and Exchange Commission filed a lawsuit in New York federal court this week accusing a former consultant of private equity firm Francisco Partners of tipping off his friend about the company's planned $3.4 billion purchase of Verifone Systems Inc.