A 43-year-old financial analyst pleaded guilty Wednesday to securities fraud and faces up to 18 months in federal prison for an insider trading scheme that netted him about $143,000.
Jason Napodano, a former managing director at Chicago-based Zacks Small Cap Research, admitted to using confidential information he obtained while preparing equity research reports about companies to purchase and sell stock in those companies.
via Financial analyst who worked at Chicago firm pleads guilty to insider trading – Chicago Tribune
