Monday, March 28, 2011

Silicon Valley exec hit with insider trading charges

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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