XPost: talk.politics.guns, alt.politics.economics, alt.fan.rush-limbaugh   
   XPost: alt.politics.trump   
   From: legal@hillaryclinton.com   
      
   In article    
    wrote:   
      
   NEW YORK (AP) — A former U.S. congressman from Indiana,   
   technology company executives, a man training to be an FBI   
   agent, and an investment banker were among nine people charged   
   in four separate and unrelated insider trading schemes revealed   
   on Monday with the unsealing of indictments in New York City.   
      
   It was one of the most significant attacks by law enforcement on   
   insider trading in a decade, and a prosecutor and other federal   
   officials pledged fresh enthusiasm for similar prosecutions in   
   the future. They said the cheating resulted in millions of   
   dollars of illegal profits for defendants situated on both   
   coasts and in middle America.   
      
   Stephen Buyer was accused in court papers of engaging in insider   
   trading during the $26.5 billion merger of T-Mobile and Sprint,   
   announced in April 2018. An indictment identified him as someone   
   who misappropriated secrets he learned as a consultant to make   
   $350,000 illegally.   
      
   Buyer, 63, of Noblesville, Indiana, was arrested Monday in his   
   home state. He served on committees with oversight over the   
   telecommunications industry while a Republican congressman from   
   1993 through 2011.   
      
   He was described as making purchases of Sprint securities in   
   March 2018 just a day after attending a golf outing with a T-   
   Mobile executive who told him about the company’s then-nonpublic   
   plan to acquire Sprint, according to a civil case brought   
   against Buyer by the Securities and Exchange Commission in a   
   federal court in Manhattan.   
      
   Authorities said he also engaged in illegal trading in 2019   
   ahead of Navigant Consulting Inc.’s acquisition by consulting   
   and advisory firm Guidehouse. Documents said he leveraged his   
   work as a consultant and lobbyist to make illegal profits.   
      
   His lawyer, Andrew Goldstein, said in a statement: “Congressman   
   Buyer is innocent. His stock trades were lawful. He looks   
   forward to being quickly vindicated.”   
      
   U.S. Attorney Damian Williams told a news conference that the   
   cases, in addition to several other recently announced   
   crackdowns on insider trading, represent a follow-through on his   
   pledge to be “relentless in rooting out crime in our financial   
   markets.”   
      
   “We have zero tolerance, zero tolerance for cheating in our   
   markets,” said Gurbir S. Grewal, director of the SEC Enforcement   
   Division.   
      
   “When insiders like Buyer — an attorney, a former prosecutor,   
   and a retired Congressman — monetize their access to material,   
   nonpublic information, as alleged in this case, they not only   
   violate the federal securities laws, but also undermine public   
   trust and confidence in the fairness of our markets,” Grewal   
   said.   
      
   In a second prosecution, three executives at Silicon Valley   
   technology companies were charged with trading on inside   
   information about corporate mergers that one of them learned   
   about from his employer.   
      
   An indictment accused Amit Bhardwaj, 49, of San Ramon,   
   California, who was the chief information security officer of   
   Lumentum Holdings Inc., of using secrets to trade illegally and   
   then giving the information to criminal associates, including   
   four friends. The SEC said Bhardwaj and his friends generated   
   more than $5.2 million in illicit profits by trading ahead of   
   two corporate acquisition announcements.   
      
   A lawyer for Bhardwaj did not immediately return messages   
   seeking comment.   
      
   In a third case, Seth Markin, of Washington Crossing,   
   Pennsylvania — a man who was training to be an FBI agent —   
   allegedly stole inside information from his then-girlfriend who   
   was working at a major Washington D.C. law firm. According to   
   court papers, he and a friend made more than $1.4 million in   
   illegal profits after he learned that Merck & Co. was going to   
   acquire Pandion Therapeutics. It was unclear who would represent   
   Markin in court.   
      
   In a fourth indictment, an investment banker based in New York   
   was charged with sharing secrets about potential mergers with   
   another person, on the understanding that the pair would share   
   illegal profits of about $280,000.   
      
   Authorities said seven of the nine defendants were arrested   
   Monday while two were arrested previously.   
      
   https://apnews.com/article/technology-new-york-city-congress-   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)