Securities Law Prof Blog

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

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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. 

http://lawprofessors.typepad.com/securities/2009/01/blackstone-exec.html

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