The SEC is giving out $1 million for information provided in its insider trading case against Pequot Capital Management -- the biggest reward in agency history for such a case. The money goes to Glen Kaiser and Karen Kaiser, the ex-wife of David Zilkha, a former Microsoft employee who had accepted a job at Pequot. The Kaisers uncovered what the SEC described as "key evidence" related to its investigation of alleged insider trading in Microsoft securities by Pequot, chief executive Arthur Samberg and Zilkha.
SEC Gives $1 Million Reward for Information in Pequot Insider Trading Case
The National Law Journal
July 26, 2010