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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Insider Trading Arrest

A California man fined $16 million by the Securities and Exchange Commission for his role in an insider-trading scheme involving Ross Stores stock was arrested Wednesday after a grand jury indicted him on conspiracy and securities fraud charges, the Justice Department said.

SAN FRANCISCO – A California man fined $16 million by the Securities and Exchange Commission for his role in an insider-trading scheme involving Ross Stores stock was arrested Wednesday after a grand jury indicted him on conspiracy and securities fraud charges, the Justice Department said.

Categories / Criminal, Securities

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