SEC Charges Perot Employee With Insider Trading
24 September 2009 - 8:27AM
Dow Jones News
The Securities and Exchange Commission said Wednesday it charged
an employee of Perot Systems Corp. (PER) with insider trading
related to Dell Inc.'s (DELL) proposed $3.9 billion acquisition of
the IT services company.
The SEC charged Richardson, Texas, resident Reza Saleh with
making $8.6 million in illicit profits after selling call option
contracts he had built up using non-public information on the
deal.
-By Wallace Witkowski, 415-439-6400;
AskNewswires@dowjones.com