May 7, 2026
SEC, DOJ charge 21 in scheme that netted millions in illicit trading profits
The Securities and Exchange Commission charged 21 individuals Wednesday in connection with a decade-long insider trading scheme that the agency alleges generated millions of dollars in illicit profits using confidential information misappropriated from multiple global law firms.
TL;DR
- 21 individuals charged by the Securities and Exchange Commission.
- Scheme lasted for a decade.
- Millions of dollars in illicit profits were allegedly generated.
- Confidential information was misappropriated from multiple global law firms.