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Expert Analysis

Takeaways From DOJ's Novel Insider Trading Indictment

By Adam Fleisher, Tom Bednar and Matthew Solomon (April 11, 2023, 2:32 PM EDT) -- On March 1, the U.S. Department of Justice and the U.S. Securities and Exchange Commission announced insider trading charges against Terren Peizer, the CEO and chairman of Ontrak Inc., a California-based health care services company, for allegedly selling company securities while in possession of material, nonpublic information that one of the company's major customers was likely to cancel its contract....

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