February 21, 2024
A Minneapolis man who tipped off a friend about his employer's secret negotiations on a $1.6 billion acquisition deal with medical device company Medtronic has been convicted of securities fraud and conspiring to commit insider trading, the Minnesota U.S. Attorney's Office has announced.
July 07, 2022
A former medical device company executive is facing criminal insider trading charges for allegedly tipping off his friend about the company's planned sale to Medtronic PLC before the friend and another person made more than $500,000 off the tip.