British billionaire Joe Lewis indicted for alleged insider trading scheme involving Mirati, Solid Bio shares
British billionaire Joe Lewis has been charged with orchestrating an insider trading scheme in which he allegedly tipped off friends and associates so that they can profit off of stock trades in several biotech companies.
“We alleged that for years Joe Lewis abused access to corporate boardrooms and repeatedly provided insight information to his romantic partners, his personal assistants, his private pilots and his friends,” said Damian Williams, the United States attorney for the Southern District of New York, in a video statement posted on X, the social media platform previously known as Twitter.
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