Article: Chicago Health-Care Executive to Pay $1.1 Million in Insider Trading Case.

By Robert Manor, Chicago Tribune Knight Ridder/Tribune Business News

Jun. 2--A Chicago health-care executive who headed an area drug company targeted in a high-profile federal health-care fraud investigation has agreed to pay $1.1 million to settle insider trading allegations in a separate case involving stock in an Arizona company.

The Securities and Exchange Commission said Henry T. (Hank) Pietraszek, used insider information gained from his position on the board of directors at Ventana Medical Systems to sell stock he owned in the company to avoid a loss.

Pietraszek sold all of his shares of Tucson-based Ventana last year shortly before it ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!