{"id":6092,"date":"2016-12-31T18:50:12","date_gmt":"2017-01-01T00:50:12","guid":{"rendered":"https:\/\/www.institutionalinvestorsecuritiesblog.com\/?p=1342"},"modified":"2016-12-31T18:50:12","modified_gmt":"2017-01-01T00:50:12","slug":"sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/","title":{"rendered":"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer"},"content":{"rendered":"<p>\t\t\t\t<strong>IT Specialist Accused of Hacking Expedia Executives and Insider Trading<\/strong><\/p>\n<p>The U.S. Securities and Exchange Commission has filed civil<a href=\"https:\/\/www.securities-fraud-attorneys.com\"> insider trading <\/a>charges against Jonathan Ly, who worked as a technology specialist for online travel company Expedia. According to the regulator, Ly hacked senior company executives and traded on company secrets ahead of nine announcements between 2013 and 2016.<\/p>\n<p>As a result of his alleged insider trading, Lyn made almost $350K in profits. To settle the SEC case against him, Ly will pay over $348K of disgorgement and more than $27K in interest. This is a deal that still has to be subject to court approval.<\/p>\n<p>Meantime, the\u00a0U.S. Attorney\u2019s Office for the Western District of Washington has filed parallel criminal charges against Ly.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/#more-6092\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT Specialist Accused of Hacking Expedia Executives and Insider Trading The U.S. Securities and Exchange Commission has filed civil insider trading charges against Jonathan Ly, who worked as a technology specialist for online travel company Expedia. According to the regulator, Ly hacked senior company executives and traded on company secrets ahead of nine announcements between [&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":[3811,3760,3795,3761,3972,1],"tags":[2697,2698],"class_list":["post-6092","post","type-post","status-publish","format-standard","hentry","category-insider-trading","category-sec-enforcement","category-sec-settlements","category-securities-and-exchange-commis","category-swap-transactions","category-uncategorized","tag-ajn-investments","tag-eb-5"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer &#8212; Investor Lawyers Blog &#8212; December 31, 2016<\/title>\n<meta name=\"description\" content=\"IT Specialist Accused of Hacking Expedia Executives and Insider Trading The U.S. Securities and Exchange Commission has filed civil insider trading &#8212; December 31, 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-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer &#8212; Investor Lawyers Blog &#8212; December 31, 2016\" \/>\n<meta name=\"twitter:description\" content=\"IT Specialist Accused of Hacking Expedia Executives and Insider Trading The U.S. Securities and Exchange Commission has filed civil insider trading &#8212; December 31, 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":"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer &#8212; Investor Lawyers Blog &#8212; December 31, 2016","description":"IT Specialist Accused of Hacking Expedia Executives and Insider Trading The U.S. Securities and Exchange Commission has filed civil insider trading &#8212; December 31, 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-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/","twitter_card":"summary_large_image","twitter_title":"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer &#8212; Investor Lawyers Blog &#8212; December 31, 2016","twitter_description":"IT Specialist Accused of Hacking Expedia Executives and Insider Trading The U.S. Securities and Exchange Commission has filed civil insider trading &#8212; December 31, 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-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer","datePublished":"2017-01-01T00:50:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/"},"wordCount":699,"keywords":["AJN Investments","EB-5"],"articleSection":["Insider Trading","SEC Enforcement","SEC Settlements","Securities and Exchange Commission","Swap Transactions"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/","url":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/","name":"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer &#8212; Investor Lawyers Blog &#8212; December 31, 2016","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2017-01-01T00:50:12+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"IT Specialist Accused of Hacking Expedia Executives and Insider Trading The U.S. Securities and Exchange Commission has filed civil insider trading &#8212; December 31, 2016","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-cases-specialist-settles-insider-trading-charges-375k-san-francisco-firm-pays-80k-unregistered-swaps-sales-involving-pre-ipo-companies-eb-5-fraud-cases-lead-settlement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SEC Cases: IT Specialist Settles Insider Trading Charges For Over $375K, San Francisco Firm Pays $80K for Unregistered Swaps Sales Involving Pre-IPO Companies, and EB-5 Fraud Cases Lead to Settlement for Florida Businessman and Civil Charges For California Lawyer"}]},{"@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-1Ag","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6092","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=6092"}],"version-history":[{"count":0,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/6092\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=6092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=6092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=6092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}