12/19/08

Ex-Lehman Employees Charged in Insider-Trading Case

An ex-Lehman Brothers Holdings Inc. salesman was accused of insider trading for passing along confidential tips gleaned from his wife, a Brunswick Group public-relations executive involved in corporate deals.

U.S. prosecutors in New York filed criminal charges today against ex-Lehman salesmen Matthew Devlin and Frederick Bowers, lawyer Eric Holzer, and two day traders over illegal trades in a dozen transactions, including Mylan Inc.’s $1.2 billion stock buyback in 2005 and InBev NV’s acquisition of Anheuser-Busch Cos. in July.

1 Yorumlar / Comments:

Anonymous said...

Interesting news... I really believe that big-shots such as Busch III, IV and majority stockholders did the same here in the United States. Do you think?

 

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