The SEC’s complaint alleges that Peter Cho illegally bought Virgin America Inc. options prior to the April 4, 2016 public announcement that Alaska Air Group, Inc. would acquire Virgin. Cho learned of Alaska’s efforts to purchase Virgin by listening to conversations of his now-wife, who worked on the deal from their shared apartment at night and on weekends. The two were engaged to be married at the time….
‘Enforcement 40’ for 2020
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