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Anonymous ID: a344bd July 10, 2019, 2:08 p.m. No.6985266   🗄️.is 🔗kun   >>5566 >>5785

DOJ and SEC charge accountant and friend with insider trading

 

The Securities and Exchange Commission filed insider trading charges on Wednesday against Martha Patricia Bustos, formerly an accountant at Illumina Inc. ILMN, -1.20% and a certified public accountant,

and a close friend, Donald Blakstad, whom Bustos allegedly illegally tipped with confidential information in advance of her company's quarterly reports.

The alleged scheme generated total profits of more than $6.2 million. The SEC said it uncovered the alleged scheme using its proprietary technology that can detect suspicious trading activity.

The SEC's complaint alleges that Bustos tipped Blakstad in advance of four quarterly Illumina financial results announcements between April 2016 and July 2018 in exchange for expensive travel and luxury merchandise.

Blakstad allegedly attempted to conceal his involvement by purchasing Illumina securities using accounts held by business associates and acquaintances.

The SEC said Blakstad personally realized approximately $4 million from the illicit trading and tipped at least four other friends and business associates who made $2.2 million in profits from Illumina trading.

The U.S. Attorney's Office for the Southern District of New York also filed criminal charges against Bustos and Blakstad on Wednesday.

https://www.marketwatch.com/story/doj-and-sec-charge-accountant-and-friend-with-insider-trading-2019-07-10

https://www.secform4.com/insider-trading/1110803.htm

Anonymous ID: a344bd July 10, 2019, 2:38 p.m. No.6985757   🗄️.is 🔗kun   >>5818

Booz Allen Hamilton EVP/CFO/Treasurer sold $4.99m in shares-July 8

 

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States

and international governments, corporations and not-for-profit organizations. The Company's client base includes government, commercial and international clients.

Its commercial clients in the United States are primarily in the financial services, healthcare and life sciences, energy, high-technology manufacturing, retail, and automotive industries.

Its international clients are primarily in the Middle East, along with a presence in Southeast Asia. The Company's functional service offerings include Systems Delivery, Engineering and Science, Cyber, Analytics and Consulting.

The Company's innovation service offerings are Digital, Cyber Futures, Next Generation Analytics and Directed Energy.

 

Number of employees : 24 600 people.

https://www.marketscreener.com/BOOZ-ALLEN-HAMILTON-HOLDI-6873099/company/

https://www.secform4.com/insider-trading/1443646.htm