The US Securities and Exchange Commission has begun legal proceedings against unidentified buyers of Wimm-Bill-Dann securities after allegations of insider trading ahead of the Russian dairy company’s proposed sale to PepsiCo.
US: SEC claims insider trading from Pepsico Wimm-Bill-Dann buy
The US Securities and Exchange Commission has begun legal proceedings against unidentified buyers of Wimm-Bill-Dann securities after allegations of insider trading ahead of the Russian dairy company's proposed sale to PepsiCo.