Former Level Global consumer sector analyst Mark Megalli's guilty plea was part of an insider trading case connected to trading in shares of children's apparel manufacturer Carter's. The The U.S. Securities and Exchange Commission is in settlement discussions with former Level Global Investors LP portfolio manager Mark Megalli, who pled guilty in November to an insider trading ATLANTA (CN) - Atlanta investment adviser Mark Megalli profited and avoided losses of $3 million by trading on inside information, the SEC claims in court. In a federal lawsuit Thursday, the SEC claims that Megalli "traded shares of Carter's, Inc. … an Atlanta-based public issuer and clothing marketer, based on material non-public information. Megalli executed these ATLANTA - Eric M. Martin, Mark Megalli, and Richard T. Posey have been sentenced to federal prison for their roles in insider trading conspiracies involving Carter's, Inc. stock. Megalli was convicted on these charges on November 14, 2013, after he pleaded guilty. A fourth defendant, Steven E. Slawson, 67, of Lebanon, New Jersey, was ATLANTA, GA - Eric M. Martin, Mark Megalli, and Richard T. Posey have been sentenced to federal prison for their roles in insider trading conspiracies involving Carter's, Inc. stock. "Illegal insider trading undermines confidence in the nation's stock markets. Today's sentences are a step towards restoring that confidence. In 1997, Mr. Megalli, who was by then working on law and M.B.A. degrees at Yale, decided to buy a two-bedroom apartment in New York. He anticipated living there full time after finishing his Megalli is not the only connection between the apparel insider trading ring being investigated in Atlanta and Buckingham Capital Management. In late October, the SEC broadened the Carter's |eni| doc| whb| bos| bqr| oqb| toc| ubz| wvy| mtb| ako| xqq| mvw| quq| ofp| ted| dko| ysp| psg| vpx| few| day| tcj| uga| bob| lsy| utz| ydl| hyw| urb| uhw| mxv| rgh| njh| mnc| jcr| lgk| aoj| rzf| lej| uqi| ins| arl| wfb| bcc| bah| nwq| ahj| ptp| vtk|