Antitrust & Trade Reg.
Mar. 17, 2017
'Who knew what when?' is the question in Orange County insider trading trial
An investor for one of three defendants accused of insider trading told federal jurors on Thursday that he worried the huge return on stock options was "too good to be true."
By Meghann M. Cuniff
Daily Journal Staff Writer
Daily Journal Staff Writer
SANTA ANA — An investor for one of three defendants accused of insider trading told federal jurors on Thursday that he worried the huge return on stock options was "too good to be true."
Michael R. Phelps, a financial adviser with Corient Capital Partners in Newport Beach, increased his client David Parker's shares in Advanced Medical Optics to 25,000 shortly b...
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