U.S. prosecutors on Monday criminally charged a junior analyst at RBC Capital Ma...
NEW YORK - U.S. prosecutors on Monday criminally charged a junior analyst at RBC Capital Markets with insider trading, saying he bought options in a digital printing company after learning it was in talks to be acquired by an RBC client.
Prosecutors said Tsai, of New York, misappropriated nonpublic information to more than triple his investment in Electronics for Imaging Inc over a three-week period. The U.S. Securities and Exchange Commission filed related civil charges. Tsai was accused of buying Electronics for Imaging call options after learning it was negotiating a takeover by private equity firm Siris Capital Group LLC, an RBC client.
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