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Tag: Burger King

No Language Barrier to Prosecuting Insider Trading

Doug Cornelius September 24, 2012September 24, 2012 Insider Trading   1

The Securities and Exchange Commission alleges that Waldyr Da Silva Prado Neto, a citizen of Brazil who was working for Wells Fargo in Miami, learned about an impending acquisition and profited illegally from insider information. The SEC was apparently undeterred by the language barrier in filing its action. The SEC claims that Prado, while a … Read more »

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