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BOSTON (AP) -- A Waltham man has been convicted of insider trading for tipping off his golfing buddies about the business activities of a company that helped them make more than $500,000 illegally.
Eric McPhail was convicted this week in federal court in Boston following a seven-day trial, and 90 minutes of jury deliberations.
Prosecutors say the 41-year-old McPhail learned inside information about American Superconductor Corp. from a senior company executive who was a member of the same Watertown golf club, then passed that information on to other golfing partners. Those friends then made trades based on that information between July 2009 and April 2011.
McPhail faces up to 20 years in prison at sentencing scheduled for Sept. 17. He is the second person convicted in the case.
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American Superconductor Corp.
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EXPLORATEUR |
CODE : AMSC |
ISIN : US0301111086 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
American Superconductor est une société basée aux Etats-Unis D'Amerique. Son principal projet en exploration est HYDRA en USA. American Superconductor est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 256,9 millions US$ (240,1 millions €). La valeur de son action a atteint son plus bas niveau récent le 20 décembre 2013 à 1,37 US$, et son plus haut niveau récent le 26 avril 2024 à 12,27 US$. American Superconductor possède 20 936 769 actions en circulation. |