Wednesday, November 3, 2010

Albuferon Insider Trading Criminal Complaint

Here is the Yves Benhamou Criminal Complaint, out of SDNY, alleging insider trading violations (under Rule 10b-5 and 15 U.S.C. Section 78ff) by a French doctor. Doctor Benhamou purportedly tipped off a hedge fund employee about negative results from the Albuferon clinical trial. The WSJ story, by Jenny Strasburg and Jean Eaglesham, is here. The SEC's civil complaint, via the WSJ, is here

(wisenberg)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2010/11/albuferon-insider-trading-criminal-complaint.html

Civil Enforcement, Civil Litigation, Insider Trading, Prosecutions, SEC, Securities | Permalink

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