SAN FRANCISCO — A former Deloitte tax partner managed to get out from under insider trading charges thanks to his wife taking the rap.
The Securities and Exchange Commission on Tuesday agreed to dismiss its case against Arnold McClellan in light of Annabel McClellan’s related settlement, in which she agreed to pay $1 million, without admitting guilt. She also has entered a plea agreement in a related criminal case.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at customerc[email protected]