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Four Arrested in Medicare Info Insider Trading Scheme

June 2, 2017 by Louis Chunovic

The SEC has reported civil charges — and the U.S. Department of Justice (DOJ) has filed criminal charges — in an alleged insider trading scheme involving “tips of nonpublic information about government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers or suppliers.” The four alleged participants… Read More >>

Filed Under: AML/Fraud/Financial Crime, Regulation & Compliance Tagged With: Centers for Medicare and Medicaid Services (CMS), Deerfield Management, Financial Crime, fraud, insider trading, SEC, U.S. Department of Justice

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