Law360, New York (November 02, 2009) -- The U.S. Securities and Exchange Commission has accused the chief financial officer of a San Francisco private investment firm of engineering an $8 million insider trading scheme in which he and six relatives and friends profited off illegal trades in Tempur-Pedic International Inc. and Acxiom Corp. securities.
The SEC filed suit Friday in the U.S. District Court for the Northern District of California, accusing Chen Tang, his brother, his brother-in-law and four others of illegally trading on...
