June 15, 2015
Posted January 28, 2016
Swiss trader, Helmut Anscheringer, agreed to pay the SEC more than $2.8 million to settle charges that he purchased stock and call options in AuthenTec, Inc. upon learning from a longtime friend related to an AuthenTec executive that Apple proposed to buy the company. Through his unlawful trading, Anschreinger garnered more than $1.8 million in illicit profits. SEC
Tagged in: Market Manipulation and Trading Violations, Securities Fraud,