Posts tagged United States District Court for the Southern District of New York.
On January 29, the Commission dismissed its insider-trading suit against Canadian analyst Jordan Peixoto in connection with his purchase of puts on the stock of Herbalife in advance of a negative hedge fund presentation on the company. The SEC instituted proceedings against Peixoto last September in its administrative forum - something it could not have done before Dodd-Frank against the non-registered Canadian-citizen research analyst. In the Matter of Jordan Peixoto, AP File No. 3-16184 (SEC Sept. 30, 2014)(OIP here) Dodd-Frank reforms expanded the availability of the ...
Posted in: SEC
Tags: Herbalife, insider-trading, Insider-Trading Suit, Jordan Peixoto, Peixoto, SEC, Securities Exchange Commission, United States District Court for the Southern District of New York