Bloomberg News

Accused IBM Inside Traders Weishaus, Conradt Arrested by FBI

November 29, 2012

Federal agents arrested two men who were accused by the U.S. Securities and Exchange Commission of taking part in an insider-trading scheme involving an International Business Machines Corp. (IBM:US) acquisition

David Weishaus was arrested today in Maryland and Thomas Conradt in Denver by FBI agents on insider-trading charges involving IBM’s 2009 takeover of SPSS Inc., said Peter Donald, a spokesman for the Federal Bureau of Investigation in New York.

To contact the reporter on this story: Patricia Hurtado in New York at pathurtado@bloomberg.net

To contact the editor responsible for this story: Andrew Dunn at adunn8@bloomberg.net


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Companies Mentioned

  • IBM
    (International Business Machines Corp)
    • $194.4 USD
    • -0.84
    • -0.43%
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