Broker Charged With Insider Trading on Data From Laptop of Friend’s Banker Girlfriend
- Broker faces federal securities fraud, conspiracy charges
- Data on laptop included info on Broadcom, Penn National deals
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A New York City broker was charged over an insider trading scheme that involved a friend stealing sensitive merger information from the laptop of an executive assistant at an investment bank.
Spartan Capital Securities LLC broker Jordan Meadow was using deal information that his friend, Steven Teixeira, allegedly took from his girlfriend’s computer while the pair were working at home during the pandemic, according to an indictment unsealed in federal court in Manhattan.