The Securities and Exchange Commission accused hedge-fund manager Leon G. Cooperman and his firm Omega Advisors of insider trading. The SEC said in its lawsuit Wednesday that the 73-year-old Mr. Cooperman profited after purchasing securities in Atlas Pipeline Partners in advance of the 2010 sale of its natural-gas processing plant in Elk City, Okla.Mr. Cooperman was unavailable for comment. In a memo sent to clients on...

Source: Wall Street Journal September 21, 2016 15:08 UTC