insider trading

Saturday, August 9, 2014

Disney inside trader sentenced to prison

A San Francisco man out to make a quick profit is now facing a prison sentence for insider trading involving the Disney deal to buy Marvel Entertainment. Disney scooped up Marvel back in 2009 for $4 billion. Last April, Toby G. Scammell pleaded guilty to one count of securities fraud stemming from his purchase pf more than 600 call options of Marvel […]