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Broker charged with insider trading in relation to Score Media acquisition

30th June 2023 8:36 am GMT

The Securities and Exchange Commission and the US Attorney for the Southern District of New York have charged a broker with securities fraud in relation to Penn National Gaming’s acquisition of Score Media and Gaming in 2021.

Jordan Meadow, a registered broker at a brokerage firm based in New York, is said to have used inside information stolen from a major investment bank in New York City to make profits exceeding $5 million for himself and [...]

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