SEC's 'shadow trading' case can move forward, judge rules [Reuters]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
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Source: Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) - The U.S. Securities and Exchange Commission can pursue a first-of-its-kind insider trading case accusing a former pharmaceutical company executive of trading in a competitor's stock ahead of a merger, a judge in San Francisco ruled. U.S. District Judge William Orrick denied Matthew Panuwat's motion to dismiss the lawsuit on Friday. The regulator alleges Panuwat, a former business development executive at Medivation Inc, used internal knowledge of Pfizer Inc's plan to buy Medivation to bet on the stock of fellow pharmaceutical company Incyte Corp in 2016. An attorney for Panuwat did not immediately reply to a request for comment. He had argued the case improperly stretched insider trading law. The c
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PFE
Earnings
- 1/30/24 - Beat
PFE
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- PFE's page on the SEC website