Tag: Penn National Gaming

US SEC Filed Insider Trading Charges Against Former Employee Of Online Trading Company!

Court Cases Ben - June 14, 2022

On 13 June 2022, the U.S. Securities and Exchange Commission (SEC) announced insider trading charges against David Roda, a former software engineer at Penn National Gaming's subsidiary Penn Interactive Ventures, in connection with the parent company's $2 billion acquisition of Toronto-based Score Media and Gaming, Inc. The SEC's complaint alleges that, while employed at Penn Interactive, Roda was given confidential information about the planned acquisition to generate more than a half-million-dollar in unlawful profits.

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