Pequot Whistle-Blowers Get $1 Million From SEC
July 27, 2010
• Stephen Taub
You can bet Art Samberg is not inviting Glen and Karen Kaiser to Thanksgiving this year.
The whistle-blower couple was just awarded $1 million by the U.S. Securities and Exchange Commission for providing critical information and documents in the alleged insider trading case involving Microsoft securities, one-time hedge fund luminary Samberg and his firm Pequot Capital Management.
The regulator said this is the largest award paid by the SEC for information provided in connection with an insider trading case. And just ....