SEC Probes Insider Trading In Softbank-Fortress Deal, Freezes Assets
Mar 2 2017 | 10:08pm ET
By Jonathan Stempel (Reuters) – The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover of Fortress Investment Group by Japan’s SoftBank Group.
SoftBank said after the close…