Jury Finds Pharma Exec 'Shadow Traded' With Inside Info

[Gunnar Larson]

Jury Finds Pharma Exec 'Shadow Traded' With Inside Info
<https://www.law360.com/compliance/articles/1822388?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-04-08&read_main=1&nlsidx=0&nlaidx=1>

By Bonnie Eslinger

A California federal jury found Friday that a former Medivation executive
is liable for using inside information from his company when he purchased
stock in rival pharmaceutical maker Incyte, in a novel civil "shadow
trading" case brought by the U.S. Securities and Exchange Commission.

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<https://www.law360.com/compliance/articles/1822388?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-04-08&read_more=1&nlsidx=0&nlaidx=1>
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