"Pfizer Insider Convicted of Trading on COVID Drug Study"

1 min read
Source: Bloomberg
"Pfizer Insider Convicted of Trading on COVID Drug Study"
Photo: Bloomberg
TL;DR Summary

Former Pfizer employee Amit Dagar was convicted of insider trading by using confidential information about the company's Covid-19 treatment to make illegal options trades, resulting in a profit of over $270,000. Dagar faces up to 20 years in prison on the securities fraud charge.

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