News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

Ex-Bank of America employee and six others face insider trading charges

Former IT consultant at the US bank is accused of passing on information to his girlfriend's father and five other people

Ex-Bank of America employee and six others face insider trading charges

Prosecutors in the US have unveiled charges against seven people, including a former Bank of America employee, over alleged insider trading, Dave Michaels writes for The Wall Street Journal.

Daniel Rivas, a former IT consultant at Bank of America, is accused of passing on information from a confidential deals database to friends, including his girlfriend's father, James Moodhe, according to an indictment made public yesterday.

WSJ Logo