ahlam1399
03-01-2016, 02:38 AM
N.Y. brokers lose SEC insider trading trial over IBM deal tip
NEW YORK, Feb 29 (Reuters) - A federal jury on Monday found two former New York stockbrokers liable for trading on confidential tips about an IBM Corp acquisition, despite a major appeals court ruling that made insider trading cases harder to pursue.
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NEW YORK, Feb 29 (Reuters) - A federal jury on Monday found two former New York stockbrokers liable for trading on confidential tips about an IBM Corp acquisition, despite a major appeals court ruling that made insider trading cases harder to pursue.
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