SEC Fights Broker's Bid To Slip $1.6M Sanofi Fraud Verdict

Law360, New York (August 10, 2017, 6:39 PM EDT) -- 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.

Peter Doffing was ordered in June to pay $1.6 million in fines and disgorgement earlier this year after he was found by a jury to have raked in $500,000 by trading on a tip about a pending acquisition of pharmaceutical firm Chattem...
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