SEC alleges insider trading ahead of Heinz deal

 
By CHRISTOPHER S. RUGABER | Published: February 16, 2013   

Federal regulators have alleged that a brokerage account in Switzerland was used for illegal insider trading ahead of the H.J. Heinz acquisition Thursday.

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The Securities and Exchange Commission obtained a court order Friday to freeze the account and prevent the assets from being moved.

The account was used for trades placed Wednesday that...
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www.MortgageRatesExperts.com

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