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July 16, 2015

Posted  January 28, 2016

The SEC charged Pennsylvania real estate attorney, Herbert Sudfeld, with insider trading in the stock of Harleysville Group, Inc. in advance of the 2011 announcement of a $760 million merger of Harleysville and Nationwide Mutual Insurance Company.  According to the complaint, Sudfeld illegally traded on the news that sent Harleysville’s stock price up 87%.  SEC

Tagged in: Insider Trading, Securities Fraud,