‘Enforcement 40’ for 2020
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By Securities Docket on October 8, 2018, 11:04 am
Kendricks is trying to have a specific number of games assigned to his suspension that would allow him to return this season and play until he receives his sentence, according to sources. To that end, Seahawks head coach Pete Carroll has spoken to commissioner Roger Goodell on behalf of his suspended linebacker, who is thought […]
By Securities Docket on September 14, 2018, 7:25 am
Mychal Kendricks could be facing a very long term in federal prison. The Seahawks, however, are in short-term need of help at linebacker, so they reportedly are set to sign him. via Seahawks set to sign linebacker facing up to 25 years in prison for insider trading – The Washington Post.
By Securities Docket on August 30, 2018, 7:56 am
Damilare Sonoiki, who worked for Goldman until 2015, passed the information to his friend Mychal Kendricks during a months-long scheme starting in 2014 that earned the football player about $1.2 million, federal prosecutors in Philadelphia said Wednesday. via NFL’s Kendricks Charged With Damilare Sonoiki For Insider Trading – Bloomberg.
By Securities Docket on August 29, 2018, 1:16 pm
The SEC alleges that after meeting at a party, Mychal Kendricks began receiving illegal tips from Damilare Sonoiki, an analyst at an investment bank who had access to confidential, nonpublic information about upcoming corporate mergers. Kendricks allegedly made $1.2 million in illegal profits by purchasing securities in companies that were soon to be acquired and […]
By Securities Docket on August 29, 2018, 11:54 am
“I apologize. Four years ago, I participated in insider trading, and I deeply regret it. I invested money with a former friend of mine who I thought I could trust and who I greatly admired. His background as a Harvard graduate and an employee of Goldman Sachs gave me a false sense of confidence. To […]