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.
July 26, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Securities and Exchange Commission is giving out $1 million for information provided in its insider trading case against Pequot Capital Management Inc. — the biggest reward in agency history for such a case.
The money goes to Glen Kaiser and Karen Kaiser of Southbury, Conn. She’s the ex-wife of David Zilkha, a former Microsoft Corp. employee who had accepted a job at Pequot.
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