SEC Sues Pair In Federal Court Over Alleged Insider Trading Scheme

(October 16, 2015, 12:28 PM EDT) -- NEW HAVEN, Conn. — The Securities and Exchange Commission on Oct 9 filed a civil action against two alleged inside traders in Connecticut federal court, claiming that the men engaged in an insider trading scheme that provided them with approximately $800,000 in ill-gotten gains (Securities and Exchange Commission v. Francis J. Van Steenberge, et al., No. 15-1469, D. Conn.).

(Complaint available. Document #57-151019-514C.)

The Securities and Exchange Commission filed the complaint in the U.S. District Court for the District of Connecticut, naming Francis J. Van Steenberge...
To view the full article, register now.