His son then passed the news to his girlfriend, his girlfriend’s mother, Zarsky and a friend, prosecutors said. In the four days before the negative drug news was announced, they and others sold more than 1.78 million Innate shares, avoiding losses of about $768,000, according to prosecutors.
The case is U.S. v. Collins, 18-cr-567, U.S. District Court, Southern District of New York (Manhattan).
This story provided by Bloomberg News.