Swiss trader pays $2.85 million in Apple insider-trading case
Swiss trader pays $2.85 million in Apple insider-trading case
The Securities and Exchange Commission today announced that a Swiss trader has agreed to pay more than $2.8 million to settle charges that he traded on nonpublic information ahead of a Florida-based biometrics company’s acquisition by Apple Inc.
A SEC investigation found that Helmut Anscheringer purchased stock and call options in AuthenTec Inc. upon learning from a longtime friend…
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