Some corporate insiders make the mistake of trading while in possession of material non-public information. Others compound the error by lying to the SEC staff during an ensuing investigation. Yang Xie, formerly an employee at a pharmaceutical company, made both mistakes. SEC v. Xie, Civil Action No. 2:18-cv-02779 (Feb. 27, 2018).
via SEC Settles With Corporate Insider Who Traded Then Lied.
