{"id":1449,"date":"2014-05-16T19:46:25","date_gmt":"2014-05-16T19:46:25","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2014\/05\/insider_trading_roundup_lawson_1"},"modified":"2022-03-11T08:54:59","modified_gmt":"2022-03-11T14:54:59","slug":"insider-trading-roundup-lawson-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/insider-trading-roundup-lawson-1\/","title":{"rendered":"Insider Trading Roundup: Lawson Software Founders Pay $5.8M to Settle SEC Allegations, Three Sales Managers Face SEC Charges, and Kentucky Mayor Will Turn Over Illicit Profits"},"content":{"rendered":"<p>\t\t\t\t<strong>Lawson Software Founders Resolve SEC Insider Trading Case<\/strong><\/p>\n<p>Richard Lawson, his brother William, and John Cerullo have agreed to pay $5.8 million to resolve U.S. Securities and Exchange Commission allegations that they engaged in <a href=\"https:\/\/www.stockbroker-fraud.com\">insider trading<\/a> prior to the merger between Lawson Software Inc. and two companies: Info Global Solutions and a Golden Gate Capital affiliate. The three men founded the software company. <\/p>\n<p>According to the insider trading case, Richard tipped William and Cerullo that despite media and analyst reports the company was not the focus of a bidding war. This resulted in their selling of 1.8 million in company shares at prices that were inflated because of the speculation. They purportedly made illicit profits of $2 million when they sold the shares.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/insider-trading-roundup-lawson-1\/\"  title=\"Continue Reading Insider Trading Roundup: Lawson Software Founders Pay $5.8M to Settle SEC Allegations, Three Sales Managers Face SEC Charges, and Kentucky Mayor Will Turn Over Illicit Profits\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lawson Software Founders Resolve SEC Insider Trading Case Richard Lawson, his brother William, and John Cerullo have agreed to pay $5.8 million to resolve U.S. Securities and Exchange Commission allegations that they engaged in insider trading prior to the merger between Lawson Software Inc. and two companies: Info Global Solutions and a Golden Gate Capital [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3811],"tags":[],"class_list":["post-1449","post","type-post","status-publish","format-standard","hentry","category-insider-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Insider Trading Roundup: Lawson Software Founders Pay $5.8M to Settle SEC Allegations, Three Sales Managers Face SEC Charges, and Kentucky Mayor Will Turn Over Illicit Profits &#8212; Investor Lawyers Blog &#8212; May 16, 2014<\/title>\n<meta name=\"description\" content=\"Lawson Software Founders Resolve SEC Insider Trading Case Richard Lawson, his brother William, and John Cerullo have agreed to pay $5.8 million to resolve &#8212; May 16, 2014\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/insider-trading-roundup-lawson-1\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Insider Trading Roundup: Lawson Software Founders Pay $5.8M to Settle SEC Allegations, Three Sales Managers Face SEC Charges, and Kentucky Mayor Will Turn Over Illicit Profits &#8212; Investor Lawyers Blog &#8212; May 16, 2014\" \/>\n<meta name=\"twitter:description\" content=\"Lawson Software Founders Resolve SEC Insider Trading Case Richard Lawson, his brother William, and John Cerullo have agreed to pay $5.8 million to resolve &#8212; May 16, 2014\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Insider Trading Roundup: Lawson Software Founders Pay $5.8M to Settle SEC Allegations, Three Sales Managers Face SEC Charges, and Kentucky Mayor Will Turn Over Illicit Profits &#8212; Investor Lawyers Blog &#8212; May 16, 2014","description":"Lawson Software Founders Resolve SEC Insider Trading Case Richard Lawson, his brother William, and John Cerullo have agreed to pay $5.8 million to resolve &#8212; May 16, 2014","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/insider-trading-roundup-lawson-1\/","twitter_card":"summary_large_image","twitter_title":"Insider Trading Roundup: Lawson Software Founders Pay $5.8M to Settle SEC Allegations, Three Sales Managers Face SEC Charges, and Kentucky Mayor Will Turn Over Illicit Profits &#8212; 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