EIN News
EIN News is a leading provider of political news and information. The organization covers various aspects of US politics and policy developments. Their team consists of experienced journalists who are dedicated to delivering accurate, timely, and insightful reports on the latest political happenings.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Examples:
No current examples available.
Conflicts of Interest
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No current examples available.
Contradictions
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Examples:
- Peizer faces a maximum penalty of 25 years in prison on the securities fraud count and 20 years in prison on each of the insider trading counts.
Deceptions
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No current examples available.
Recent Articles
Former Ontrak CEO Convicted of Insider Trading Using Rule 10b5-1 for First Time
Broke On: Friday, 21 June 2024Former Ontrak CEO Terren Scott Peizer was convicted of securities fraud and insider trading, becoming the first case to be prosecuted exclusively based on Rule 10b5-1. Peizer avoided over $12.5 million in losses by entering into two predetermined trading plans while possessing material non-public information about Ontrak's largest customer's risk. The Justice Department emphasized that they will not allow executives to hide behind bad faith trading plans.