Insider Trading … in Mutual Fund Shares?

I assume the SEC has filed insider trading cases before alleging trading in the shares of a mutual fund, but honestly I cannot think of a single example. Today, though, the SEC filed just such a case alleging trading in the shares of the Evergreen Ultra Short Opportunities Fund, a mutual fund that invested primarily in mortgage-backed securities. Full details are available in this post on my Enforcement Action blog over at Compliance Week.