SEC Charges Three Friends and Business Associates in Insider Trading Scheme

The SEC announced charges against three friends and business associates of the former Chairman of the Board at Home Diagnostics Inc., for trading on the basis of inside information about an impending acquisition of the company following a tip from the Chairman. The release notes that the Chairman pled guilty to a criminal charge.

See: Litigation Release.Click here to view the Cabinet's Insider Trading Materials (accessible to Cabinet subscribers only).