SEC v. Ryan Squillante

Ryan Squillante allegedly used confidential information that he obtained in the course of his employment at an investment firm to trade in the securities of at least ten different publicly-traded companies, earning approximately $216,965 in trading profits. According to the SEC’s complaint, Squillante violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5.

Summary generated from official Securities and Exchange Commission press release