A former human resources consultant from Atlanta who admitted to participating in a $1.1 million insider trading scheme with a film producer avoided prison on Tuesday, as a federal judge rejected prosecutors’ request for him to be incarcerated.
Federal prosecutors in Manhattan had argued that a sentence of 37 to 46 months was reasonable for Scott Allen, who worked at the large human resources consulting firm Mercer Inc prior to his 2011 arrest.
via Former HR consultant avoids prison in U.S. for insider trading | Reuters
