Former Immunomedics staffer pleads guilty in insider trading scheme after getting info from ex-CFO Usama Malik
Just over a month ago, Usama Malik was indicted for giving his girlfriend, among others, insider information that ended up with her making more than $200,000 in profit. Now, she has filed a guilty plea.
The plea, signed March 6, was filed yesterday in federal court before New Jersey District Judge John Michael Vazquez after Lauren Wood, Malik’s ex-girlfriend and a former Immunomedics employee, agreed to a plea deal.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.