Couple charged with DJ insider trades
NEW YORK (Reuters) - U.S. regulators accused on Tuesday a husband and wife in Hong Kong of insider trading stemming from their purchases of Dow Jones & Co. Inc. shares prior to News Corp.'s $5 billion takeover bid.
The U.S. Securities and Exchange Commission said Kan King Wong and Charlotte Ka On Wong Leung "engaged in widespread and unlawful trading activity" that put them in a position to make an estimated $8.1 million profit on Dow Jones shares.
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