Two Tennessee stock brokers accused of profiting from insider trading in shares of Mid Ocean Ltd. prior to the announcement of its acquisition by EXEL in March, 1998 have settled an SEC lawsuit.
Cristan Kinnard Blackman and Charles Ray Roberts Jr., who both worked for broker Morgan Keegan & Co. at the time, agreed to disgorge profits of $317,409 that they made from the trades.
Articles Bermuda Fraud Investment Listed Securities USAApril 30, 2001
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Bermuda Fraud Investment Listed Securities USAKeywords
Charles Ray Roberts, Jr. Cristan Kinnard Blackman Giles Krebs Jay Deragon Mark Chesnut