SEC v. Anthony Viggiano

Anthony Viggiano allegedly engaged in insider trading. According to the SEC, Viggiano, while working at two financial institutions, learned about impending merger and acquisition transactions and strategic partnerships before they were publicly announced. Viggiano allegedly tipped two of his close friends about the upcoming deals, and they bought and sold securities based on that information. The complaint also alleged that one of the friends tipped other individuals who also traded on the material nonpublic information originating from Viggiano.

Summary generated from official Securities and Exchange Commission press release