Want to see real insider trading? Check out Larry Edelman’s latest Globe piece: “Breaking bad: Ex-Goodwin Procter lawyer allegedly ran a decadelong insider-trading scheme.” … The feds say he and a pal allegedly traded on M&A info – and it involved dozens of deals. From Larry:
Local deals cited in the indictments include Amazon’s $1.7 billion bid in 2022 for iRobot, the Bedford maker of Roomba vacuums, which it later called off; Johnson & Johnson’s buyout of Cambridge-based Momenta Pharmaceuticals for $6.5 billion in 2020; and IAC’s purchase of Waltham’s Care.com, the online platform for babysitters and other caregivers, for $500 million in 2019.
