Securities and Exchange Commission
SEC v. Shaohua (Michael) Yin
Settled
Shaohua (Michael) Yin allegedly reaped massive profits from insider trading in the shares of Lattice Semiconductor Corporation and DreamWorks Animation SKG, Inc. According to the SEC's amended complaint, in the weeks leading up to the April 2016 acquisition of DreamWorks Animation SKG, Inc. by Comcast Corp., Yin amassed more than $56 million of DreamWorks stock in the U.S. brokerage accounts of five nominees. According to the SEC's amended complaint, from July to November 2016, Yin used the same five nominee accounts to acquire more than $44 million of Lattice stock.
Summary generated from official Securities and Exchange Commission press release
Source: Securities and Exchange Commission Press Release ↗Parties
Defendants / Respondents
- Shaohua (Michael) Yin
- Benjamin Bin Chow
- Comcast Corp.
- Canyon Bridge Capital Partners, Inc.
Dates
Resolved
August 15, 2024
Published
August 30, 2024
Case Details
Industry
Finance
Penalty Type
Fine