Thursday, February 19, 2015

Louisiana Brothers-in-Law Charged For Insider Trading

Feb. 19, 2015 —Today the SEC announced insider trading charges against brothers-in-laws from Louisiana. The SEC alleges that Scott Zeringue traded securities of The Shaw Group based on information he learned on the job about an acquisition. Leading up to the merger Zeringue and his brother-in-law purchased shares of Shaw and made nearly $1 million after the merger announcement increased share prices by 55 percent. Criminal charges have also been announced.

The full announcement can be read here.
GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.