On November 13, a federal grand jury in the District of New Jersey indicted Steven Fishoff, the owner and operator of a stock trading operation, for his alleged participation in an insider trading scheme.  The scheme is alleged to have occurred over multiple years and to have netted more than $3.9 million in illicit profits.  Fishoff, like his co-conspirators, would express interest in stock offerings by publicly traded companies and then, after learning material nonpublic information about those companies, would breach his agreements to keep the information confidential and not to trade based on the confidential information.  U.S. v. Fishoff, (D. N.J.).  DOJ Press Release

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