Sign in / up

back to article Flash firm boss smacks back at SEC's insider trading charges

STEC boss Manouche Moshayedi has issued a detailed rebuttal of the SEC's indictment that charged him with insider trading, saying that the SEC is plain wrong. The SEC charges relate to a STEC public offering of shares held by Moshayedi and his brother Mark on 9 August, 2009, with the SEC alleging Moshayedi knew that EMC was …

COMMENTS

House rules Send corrections
This topic is closed for new posts.
  1. asdf
    FAIL

    >STEC boss Manouche Moshayedi

    Another funny sounding foreigner name = another example to made for the SEC.

    I guess that is their plan to avoid the calls to be replaced by an agency a little less compromised. Break an easy piece off the iceberg and maybe people will get bored and go away.

    0 1
  2. JaitcH
    WTF?

    Pity the SEC doesn't chase the ...

    real Wall Street crooks down instead of going after minnows.

    Look what they've missed - the boss who stole $200,000,000 in PFG, Idaho .

    That's after the former Goldman Sach's guy who ran MF Global lost $40,000,000,000.

    I think the SEC needs to reorder it's priorities. AND STOP ACCEPTING SWEETHEART SETTLEMENTS!

    0 0
This topic is closed for new posts.

Other stories you might like