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The Nexus
Case profileSentencedFederalEDNY

USA v. Chen

Justin Chen was sentenced to 27 months in prison after being convicted of insider trading conspiracy. Chen misused material non-public information obtained through his employment at an EDGAR filing company to trade in securities of 13 publicly traded companies, generating approximately 2.38 million dollars in profits.

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$2.38M alleged lossFiled: Jul 7 · 12:00 UTCUpdated: Jul 7 · 20:41 UTC
Defendants (2)
  • Justin Chen
    EmployeeEDGAR filing company
  • Jun Zhen
    Co-defendant
Charges
  • Securities fraud
SourceU.S. Department of Justice

https://www.justice.gov/usao-edny/pr/employee-securities-filing-agent-sentenced-27-months-prison-insider-trading