SEC Charges 21 Individuals With
- Washington, May 6: SEC charges 21 people in an alleged insider-trading scheme tied to law firm deal secrets.
- The complaint says the scheme ran from 2018 to 2024 and centered on merger-and-acquisition information.
- SEC names attorney Nicolo Nourafchan and Robert Yadgarov as alleged organizers of the trading chain.
- The complaint says tips spread through another corporate lawyer and downstream traders before deals became public.