SEC Files Insider Trading Charges in Disney-Marvel Deal

The Securities and Exchange Commission has charged a California man with insider trading in the run-up to the 2009 Disney-Marvel deal. The SEC says Toby G. Scammell took advantage of his girlfriend, an "extern" working at Disney's corporate strategy department, to learn about the company's $4 billion acquisition of the comic book company, and used the information to make a $192,000 profit trading call options. The SEC hasn't charged Scammell's girlfriend, who it describes as "exploited." Press release; complaint (PDF) Continue reading at 'AllThingsD'

[ AllThingsD | 2011-08-12 00:00:00 UTC ]

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SEC Files Insider Trading Charges in Disney-Marvel Deal

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[ AllThingsD | 2011-08-12 00:00:00 UTC ]
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Steve Jobs' health is not a private matter

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