Violation Tracker Individual Record

Company: 
Pequot Capital Management, Inc.
Penalty: 
$28,000,000
Year: 
2010
Date: 
May 27, 2010
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

Connecticut-based hedge fund manager Pequot Capital Management, Inc. and its Chairman and CEO Arthur Samberg agreed to pay $28 million to settle allegations of insider trading in Microsoft Corporation securities.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.