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Browse: Home / 2011 / November / 21 / US SEC sues ex-Ernst worker in insider trading case

US SEC sues ex-Ernst worker in insider trading case

By Securities Docket on November 21, 2011, 12:11 pm

The SEC accused defendant Mark Konyndyk, a Los Angeles resident, of making $9,725 of illegal profit through his purchases of Activision call options before and soon after his Nov. 2, 2007 resignation from Ernst & Young. The combination was announced on Dec. 2 of that year. Konyndyk, who was a manager in Ernst & Young’s transaction advisory services group, made the trades after briefly working on a team conducting due diligence on behalf of Vivendi for the merger, which was code-named Project Sego, the SEC said.

Read more: US SEC sues ex-Ernst worker in insider trading case — Reuters

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Posted in SEC, Top | Tagged Insider Trading

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