Relative Tipped By Pharma Company Insider Agrees to Settle Insider Trading Charges
March 23, 2017
March 23, 2017
WASHINGTON, March 23 -- The Securities and Exchange Commission issued the following litigation release:
The Securities and Exchange Commission today announced that a Williamsport, Pennsylvania man has agreed to pay nearly $123,000 to settle charges that he traded on material nonpublic information in advance of Merck & Co.'s June 9, 2014 announcement that it would acquire Idenix Pharmaceuticals, Inc. through a tender offer.
In the complaint filed today in federal . . .
The Securities and Exchange Commission today announced that a Williamsport, Pennsylvania man has agreed to pay nearly $123,000 to settle charges that he traded on material nonpublic information in advance of Merck & Co.'s June 9, 2014 announcement that it would acquire Idenix Pharmaceuticals, Inc. through a tender offer.
In the complaint filed today in federal . . .