3 months ago
By Kanishka Singh
WASHINGTON, Aug 7 (Reuters) - The U.S. Securities and Exchange Commission said on Friday it was moving to dismiss an insider trading lawsuit against Terren Peizer, a former healthcare executive who was convicted of insider trading by a federal jury in 2024 and then pardoned by President Donald Trump.
Here are the details:
• In 2023, Peizer, 65, the founder and former chief executive of healthcare company Ontrak, was charged by the Department of Justice with insider trading.
• The SEC also launched civil insider trading charges against him in a parallel action.
#peizer #executive #kanishka #reuters
WASHINGTON, Aug 7 (Reuters) - The U.S. Securities and Exchange Commission said on Friday it was moving to dismiss an insider trading lawsuit against Terren Peizer, a former healthcare executive who was convicted of insider trading by a federal jury in 2024 and then pardoned by President Donald Trump.
Here are the details:
• In 2023, Peizer, 65, the founder and former chief executive of healthcare company Ontrak, was charged by the Department of Justice with insider trading.
• The SEC also launched civil insider trading charges against him in a parallel action.
#peizer #executive #kanishka #reuters
