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Article: The Daily Record News Briefs: September 23, 2009
- Article from:
- Daily Record (Rochester, NY)
- Article date:
- September 23, 2009
CopyrightCopyright 2009 Daily Record (Rochester, NY). Provided by ProQuest LLC. (Hide copyright information)
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Former Nixon lawyer charged
An insider trading case was filed last week against Melissa
Mahler, a former attorney at Nixon Peabody LLP in Rochester.
The Securities and Exchange Commission is charging Mahler with
trading on material, nonpublic information in breach of her duty of
confidentiality, violating Section10(b) of the Securities Act of
1934 [15 U.S.C. [section]78j(b)] and Rule 10b-5.
The SEC is seeking a permanent injunction, disgorgement of ill-
gotten gains, prejudgment interest and a civil penalty.
According to the SEC's complaint, on July 28, 2004, Mahler and
client Roger Tichenor discussed a potential merger of Tichenor's
company, Teleplus Services Inc., with Rooms.com, an online ...