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Traders Accused of Profiting From Hack Agree to Settle With SEC

In an article published by the Wall Street Journal, Mintz Member Sean Prosser was quoted on behalf of his client, Sung Cho, a defendant in a U.S. Securities and Exchange Commission (SEC) enforcement case accused of participating in an international trading ring that used stolen corporate earnings releases.

“Mr. Cho denies the SEC’s claims of liability, as he never had involvement in or advance knowledge of any activity related to an Edgar hack, nor did he ever receive any information from it,” Mr. Prosser said.



The Wall Street Journal