New York Businessman Convicted in Insider-Trading Trial - News Summed Up

New York Businessman Convicted in Insider-Trading Trial


A federal jury in Manhattan found a New York businessman guilty on charges that he leaked inside information about a publicly traded biotechnology company to a Greek stock trader, as part of an alleged international insider-trading network. The businessman, Telemaque Lavidas, was found guilty on all seven counts, which included wire fraud and securities fraud.


Source: Wall Street Journal January 15, 2020 17:18 UTC



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