- 2001
- $1.1 Million
Enforcement action brought against defendant on charges that, while he was a member of Ventana Medical Systems, Inc.’s Board of Directors, he sold 61,400 shares of Ventana stock while in possession of material, non-public information regarding Ventana’s upcoming public disclosure of lower than expected second quarter 2000 earnings and a write off totaling almost $12 million. The trades avoided $563,875.20 in losses.