The 30 defendants are “accused of scoring significant profits from expected market moves and making out like bandits,” the FBI said.
Group indicted for insider trading allegedly used ‘going to Israel’ as code for illegal sales
Tags: Insider Trading
SEC Sues Israelis Tied to International Insider Trading Ring
The U.S. Securities and Exchange Commission sued two Israeli citizens linked to a sprawling international insider-trading ring. Tomer Feingold, 40, and Dov Malnik, 42, were accused in a suit filed Tuesday in Manhattan federal court of using tips on planned health care mergers to make more than $4 million in illegal profits…