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FBI probes suspected insider trading in H.J. Heinz buyout

Wednesday, February 20, 2013 6:00
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The FBI has launched a probe into suspected insider trading activity that took place one day before H.J. Heinz announced that it would be acquired for $28 billion by a private investment consortium.

The FBI confirmed the criminal investigation on Tuesday, days after the Securities and Exchange Commission froze a Swiss account that the agency said was used by “certain unknown traders” to make “highly suspicious” trades in advance of the Heinz deal.

http://www.washingtonposm/business/e…story.html



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