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Federal Indictment Charges Chicago Attorney With Insider Trading

Chicago attorney charged with insider trading, indictment, charges, charged, justice
(MGN)

Chicago, IL-(ENEWSPF)- A Chicago attorney used insider information obtained from a friend to purchase shares of an education-technology company before it publicly announced strong quarterly earnings and was charged with insider trading, according to an indictment returned in federal court.

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The indictment accuses attorney DAVID SARGENT of obtaining material, non-public information from CHRISTOPHER KLUNDT, a management-level employee of the company and a friend since college.  The information pertained to the company’s 2020 first-quarter earnings,…

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