Friday, June 29, 2007
SEC Moving Forward in Dow Jones Insider Trading Investigation
The SEC is moving forward with its insider trading charges against a Hong Kong couple, Kan King Wong and Charlotte Ka, who allegedly purchased a large amount of Dow Jones stock before the public announcement of News Corp.'s buyout offer. The agency is scheduling formal interviews, including one with Dow Jones director, David Li, who has connections with Ms. Ka's father. See WSJ, SEC to Press
Case in Trading Of Dow Jones.
https://lawprofessors.typepad.com/securities/2007/06/sec-moving-forw.html