SEC Points Jury To 'Coincidence' In Shadow Trading Trial

By Bonnie Eslinger (April 4, 2024, 10:24 PM EDT) -- A U.S. Securities and Exchange Commission attorney on Thursday cross-examined a former executive of pharmaceutical company Medivation about his alleged "shadow trading" in the stock of rival pharma company Incyte, pressing the executive repeatedly to assert that various facts and circumstances supporting the agency's position were merely "coincidence."...

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