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May 2, 2016

Posted  June 6, 2016

Silicon Valley executive Peter D. Nunan will pay $534,303 to settle charges that he traded on inside information he received in his professional role with a subsidiary of semiconductor equipment manufacturer Screen Holdings Company.  The SEC alleged that Nunan received confidential information from a board member of FSI International that FSI was going to be acquired by a Japan-based semiconductor equipment company in FSI’s attempt to solicit a competing offer from Screen Holdings.  Nunan purchased over 100,000 shares of FSI and made over $250,000 in profits from his sale of the stock after the merger was announced.  SEC

Tagged in: Insider Trading,