30 Charged in Alleged Global Insider Trading Ring Targeting Law Firm Secrets

Prosecutors claim attorneys and traders stole confidential merger information and made tens of millions over a decade.
30 Charged in Alleged Global Insider Trading Ring Targeting Law Firm Secrets
The John Joseph Moakley United States Courthouse in Boston on July 27, 2021. Nicholas Pfosi/Reuters
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Federal authorities unsealed charges Wednesday against 30 individuals in what they call a massive, decade-long insider trading scheme that exploited confidential information from major U.S. law firms.
The indictments accuse corporate attorneys, financial professionals, and others of stealing material non-public information on nearly 30 mergers and acquisitions and trading on the details for illicit profits. 
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Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.