At least Raj was (allegedly) trading on information about someone else's deals... The Securities and Exchange Commission today accused Mark Duffell, a former consultant to private equity firm Accel-KKR, of buying 65,000 shares of stock in Silicon Valley software company SumTotal Systems, while simultaneously engaging in talks to acquire SumTotal on Accel-KKR's behalf. Not only [...]
Source: http://finance.fortune.cnn.com/2011/03/24/silicon-valley-exec-hit-with-insider-trading-charges/
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