A former Nixon Peabody lawyer has been charged with insider trading in federal district court in Washington, D.C. The complaint, filed by the Securities and Exchange Commission, alleges that Melissa Mahler, now a solo practitioner in New York, used information about a pending merger given to her by a client in 2004 to make an illegal profit when the deal was finalized. "Mahler breached her duties of loyalty and confidentiality by using material, nonpublic information for personal gain," the complaint says.
September 22, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A former Nixon Peabody lawyer was charged with insider trading in D.C. federal court in a lawsuit filed last week.
The Thursday complaint, filed by the Securities and Exchange Commission in the U.S. District Court for the District of Columbia, alleges that Melissa Mahler, now a solo practitioner in New York, used information about a pending merger given to her by a client in 2004 to make an illegal profit when the deal was finalized.
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