On September 24, Michael Lucarelli, the former Director of Market Intelligence at Lippert/Heilshorn & Associates, Inc. (“LHA”), an investor relations firm, pled guilty in the Southern District of New York to insider trading.  Specifically, Lucarelli admitted to repeatedly using nonpublic information that he acquired during his employment at LHA to take positions in the stock of LHA clients over the course of the year-long scheme.  According to the government, Lucarelli took positions in LHA client securities on the basis of inside information on at least 31 occasions and earned approximately $956,000 in profits.  United States v. Lucarelli, 14 Cr. 632  (S.D.N.Y.)  DOJ Press Release

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