SEC Freezes Account Suspected Of Fishy Heinz Trades Before Buffett Deal
By:
Forbes Real Time
The Securities & Exchange Commission said Friday afternoon that it has won an emergency court order freezing a Swiss account that scored a $1.7 million windfall by trading ahead of Thursday's news that Warren Buffett's Berkshire Hathaway and investment firm 3G Capital will buy HJ Heinz for $23.2 billion acquisition.
The Securities & Exchange Commission said Friday afternoon that it has won an emergency court order freezing a Swiss account that scored a $1.7 million windfall by trading ahead of Thursday's news that Warren Buffett's Berkshire Hathaway and investment firm 3G Capital will buy HJ Heinz for $23.2 billion acquisition.
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