Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, January 14, 2009

Blackstone Exec Charged with Insider Trading

According to the New York Times' Dealbook (nothing posted on SEC website), Ramesh Chakrapani, a managing director in the London office of the Blackstone Group, was charged with running an insider trading scheme that netted $3.6 million in profits.  According to the SEC complaint, Chakrapani leaked confidential information about the 2008 takeover of the supermarket Albertson's.

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