Idaho Corporate Exec Pleads Guilty to Insider Trading
4 Articles
4 Articles
Idaho Corporate Exec Pleads Guilty to Insider Trading
EAGLE, Idaho (KIFI) — A prominent Idaho corporate executive has pleaded guilty to insider trading related to a 2024 corporate acquisition. According to court documents, Michael Smith, 48, of Eagle, Idaho, served as the President and Chief Operating Officer of the unnamed Idaho-based company publicly traded on the NASDAQ since approximately 2022. Smith admitted to using material nonpublic information (MNPI) regarding the acquisition of the unname…
Former president, COO of Idaho company pleads guilty to insider trading
WASHINGTON — A top Idaho corporate executive has pleaded guilty to insider trading after federal prosecutors say he secretly profited from advance knowledge of a major corporate acquisition. Michael Smith, 48, of Eagle, served as president and chief operating officer of an Idaho-based company publicly traded on NASDAQ. According to court documents, Smith learned in […]
Idaho Executive Pleads Guilty to Insider Trading in Federal Case
WASHINGTON, D.C. — A former president and chief operating officer of an Idaho-based public company has pleaded guilty to insider trading after prosecutors say he used confidential corporate information to profit from an upcoming acquisition, according to the U.S. Department of Justice. Federal court documents state that Michael Smith, 48, of Eagle, served as President and COO of “Company-1,” a NASDAQ-listed Idaho firm, beginning in June 2022. By…
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