Los Angeles, CA – Two Under Arrest Charged With Insider-Trading Info On Disney

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    Los Angeles, CA – A former Walt Disney Co. (DIS) employee and a friend have been arrested for allegedly trying to sell early access to the company’s earnings, the Federal Bureau of Investigation said Wednesday.

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    Bonnie Hoxie, a former Disney employee, and her friend Yonni Sebbag were arrested by FBI agents in Los Angeles on Wednesday, the FBI said. They are expected to appear in federal court in Los Angeles later Wednesday.

    Hoxie and her friend were allegedly trying to sell early access to the company’s second-quarter earnings report to hedge funds and investment companies, the FBI said. They have been charged with wire fraud, the FBI said.

    The case was brought by prosecutors from the U.S. Attorney’s office in Manhattan.


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    3 Comments
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    Paskunyak
    Paskunyak
    13 years ago

    It’s a small world, after all.

    goofy
    goofy
    13 years ago

    They tried to mickey miuse their way out of it