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Home » West Palm Beach Federal Court Imposes $850K Penalty for Insider Trading
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West Palm Beach Federal Court Imposes $850K Penalty for Insider Trading

News RoomBy News RoomAugust 5, 20241 Min Read
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West Palm Beach Federal Court Imposes 0K Penalty for Insider Trading
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A federal district court in West Palm Beach entered final judgment Monday in a case in which a Boca Raton man will pay nearly $850,000 in pay disgorgement and civil penalties following a settlement with the U.S. Securities and Exchange Commission.

Charles Baugh did not admit or deny the allegations of violations of the anti-fraud provisions of the federal securities laws in connection with his trading in the securities of ADT Inc. ahead of an announcement that the company had agreed to enter into a partnership with Google LLC.

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