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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,