Two Workers for SEC’s EDGAR System Charged with Insider Trading

(Bloomberg) -Menkul Assets and the Stock Exchange Commission for the Edgar Public Filing System, two men working for the public information obtained through their jobs by stealing the $ 1 million dollars in the pocket was accused of the trade of the learners.
According to Justin Chen and Jun Zhen, both of them New York, Brooklyn, Brooklyn US lawyer Joseph Nolla, Purple Innovation Inc., Ondas Holding International Inc., Sigmatron International Inc., Sigmatron International International International International International International International International International International Inc. Sigmatron International Inc. and Signing on Sports Inc.
Prosecutors, between March and June 2025, the couple made a plan to learn about these companies, which has announced that they have entered the merger agreements or partnerships, “each company’s shares resulted in significant increases in the price of share,” he says.
29 -year -old Chen and 29 -year -old Zhen, according to a complaint filed in the Federal Court in Brooklyn, purchased shares in companies before the announcements and sold them in a significant profit immediately after the announcement.
NOCELLA spokesman John Marzulli arrested that agents with the Federal Investigation Office planned to fly to Hong Kong at John F. Kennedy International Airport on Friday night.
Prosecutors said that Chen worked as Edgar operator and assistant manager. Two of them were able to access the company announcements before the file was filed.
Prosecutors, both men imprisoned up to 25 years, said that the securities were accused of fraud.
Chen and Zhen made their first court appearance on Saturday before the US Judge Vera Scanlon, who ordered without bail in the federal court in Brooklyn.
Zhen’s lawyer Chris Wright and Chen’s lawyer Charles Milloen did not return the E -Post messages looking for comments about his customers.
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