{"id":6044,"date":"2016-09-29T18:33:08","date_gmt":"2016-09-29T23:33:08","guid":{"rendered":"https:\/\/www.institutionalinvestorsecuritiesblog.com\/?p=1106"},"modified":"2016-09-29T18:33:08","modified_gmt":"2016-09-29T23:33:08","slug":"sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/","title":{"rendered":"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations"},"content":{"rendered":"<blockquote>\n<div class=\"WordSection1\">\n<div class=\"\"><\/div>\n<div class=\"\"><b class=\"\"><span class=\"\">SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade<\/span><\/b><\/div>\n<div class=\"\"><span class=\"\">The U.S. Securities and Exchange Commission has filed charges against three people in Peru, accusing them of <a href=\"https:\/\/www.securities-fraud-attorneys.com\">insider trading<\/a> prior to the merging two mining companies. The regulator wants penalties, disgorgement, and interest.<\/span><\/div>\n<div class=\"\"><span class=\"\">\u00a0<\/span><\/div>\n<div class=\"\"><span class=\"\">According to the Commission, HudBay Minerals Inc. employee Nino Coppero del Valle told fellow lawyer and friend Julio Antonio Castro Roca about a tender offer the mining company had turned in to acquire shares in August Resource Corp., which is located in Arizona. Hudbay is based in Canada.<\/span><\/div>\n<div class=\"\"><span class=\"\">\u00a0<\/span><\/div>\n<div class=\"\"><span class=\"\">Castro then allegedly traded using this materially nonpublic information via a brokerage account that was held by a shell company in the British Virgin Islands. He is accused of doing this so that the trades couldn\u2019t be traced back to the two of them. They \u00a0purportedly made over $112,000 in illicit profits.\u00a0<\/span><\/div>\n<div class=\"\"><span class=\"\">\u00a0<\/span><\/div>\n<div class=\"\"><\/div>\n<\/div>\n<\/blockquote>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/#more-6044\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade The U.S. Securities and Exchange Commission has filed charges against three people in Peru, accusing them of insider trading prior to the merging two mining companies. The regulator wants penalties, disgorgement, and interest. \u00a0 According to the Commission, HudBay Minerals Inc. employee Nino [&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":[3811,3760,3761,3938],"tags":[2852],"class_list":["post-6044","post","type-post","status-publish","format-standard","hentry","category-insider-trading","category-sec-enforcement","category-securities-and-exchange-commis","category-whistleblowers","tag-fcpa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations &#8212; Investor Lawyers Blog &#8212; September 29, 2016<\/title>\n<meta name=\"description\" content=\"SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade The U.S. Securities and Exchange Commission has filed charges &#8212; September 29, 2016\" \/>\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\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations &#8212; Investor Lawyers Blog &#8212; September 29, 2016\" \/>\n<meta name=\"twitter:description\" content=\"SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade The U.S. Securities and Exchange Commission has filed charges &#8212; September 29, 2016\" \/>\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":"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations &#8212; Investor Lawyers Blog &#8212; September 29, 2016","description":"SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade The U.S. Securities and Exchange Commission has filed charges &#8212; September 29, 2016","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\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/","twitter_card":"summary_large_image","twitter_title":"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations &#8212; Investor Lawyers Blog &#8212; September 29, 2016","twitter_description":"SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade The U.S. Securities and Exchange Commission has filed charges &#8212; September 29, 2016","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations","datePublished":"2016-09-29T23:33:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/"},"wordCount":645,"keywords":["FCPA"],"articleSection":["Insider Trading","SEC Enforcement","Securities and Exchange Commission","Whistleblowers"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/","url":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/","name":"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations &#8212; Investor Lawyers Blog &#8212; September 29, 2016","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2016-09-29T23:33:08+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"SEC Claims Peruvian Attorneys and Broker-Dealer Manager Used Accounts to Insider Trade The U.S. Securities and Exchange Commission has filed charges &#8212; September 29, 2016","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-peruvian-traders-insider-trading-charges-anheuser-busch-inbev-whistleblower-protection-fcpa-rule-violations-orders-oil-services-company-pay-140m-account\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"\u00a0SEC Accuses Peruvian Traders of Insider Trading, Charges Anheuser Busch InBev with Whistleblower Protection and FCPA Rule Violations, and Orders an Oil Services Company to Pay $140M Over Accounting Fraud Allegations"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-1zu","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=6044"}],"version-history":[{"count":0,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6044\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=6044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=6044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=6044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}