The US SEC on Wednesday accused an employee of companies affiliated with Ross Perot, a former US presidential candidate, of profiting from insider trading ahead of Dell’s $3.9bn cash offer to buy Perot Systems on Monday. The SEC alleged that Reza Saleh, 53, an employee of two Perot-related private companies and Perot Systems, made $8.6m by buying options contracts in Perot Systems using non-public information.

This entry was posted by Gwen Robinson on Thursday, September 24th, 2009 at 4:34 and is filed under Capital markets, People. Tagged with Dell, Perot Systems. Edit this entry.