An Atlanta jury acquitted a New Jersey hedge fund manager Monday who federal prosecutors had accused of making illegal trading profits based on sneak previews of not-yet-released financial results of Carter’s Inc., the Atlanta-based clothing maker.
In a verdict in the U.S. District Court in Atlanta, Steven E. Slawson was acquitted of all 34 counts of insider trading, according to his attorney, Todd Harrison.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn