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Post# of 648882
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Tuff-Stuff

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Re: Tuff-Stuff post# 547644

Tuesday, 09/30/2014 3:22:53 PM

Tuesday, September 30, 2014 3:22:53 PM

Post# of 648882
HLF<>Two charged with insider trading on Herbalife

According to the SEC, Filip Szymik learned in advance from his roommate - then a Pershing Square analyst - about Bill Ackman's public announcement of a short in Herbalife (HLF +0.4%) in late 2012.
Szymik then tipped off Jordan Peixoto, who purchased put options on HLF a day ahead of Ackman's Dec. 20, 2012 presentation. Peixoto reaped $47.1K in illicit profits from the deal, says the SEC.

Pray for A Pain Free Day!

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