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Browse: Home / 2019 / September / 18 / Nobody Is That Lucky, Prosecutor Tells Insider-Trading Jury – Bloomberg

Nobody Is That Lucky, Prosecutor Tells Insider-Trading Jury – Bloomberg

By Securities Docket on September 18, 2019, 2:49 pm

For anyone to successfully trade five times in a row on health-care mergers, they need inside information, a prosecutor told a jury in the retrial of former Perella Weinberg Partners LP managing director Sean Stewart.

“Winning the lottery once takes astronomical odds, winning it five times — that doesn’t happen,” Assistant U.S. Attorney Samson Enzer said in his closing argument Tuesday.

via Nobody Is That Lucky, Prosecutor Tells Insider-Trading Jury – Bloomberg.

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Posted in Criminal, Top | Tagged Insider Trading, Trials

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