© Reuters. Former SeaWorld lawyer pleads guilty to insider trading: U.S. Justice Deptartment

WASHINGTON (Reuters) – A former attorney for SeaWorld Entertainment Inc pleaded guilty to insider trading, the U.S. Justice Department said on Tuesday.

As part of the guilty plea, Paul Powers admitted to using non-public information on the company’s financial performance that he received when he was associate general counsel and assistant secretary to purchase and subsequently sell shares in SeaWorld.

SeaWorld did not immediately respond to a request for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link