Medical device executive Doron Tavlin convicted of insider trading in Minnesota for a $1.6bn acquisition scheme.
An executive at a medical device company has been convicted of insider trading in Minnesota for a scheme involving negotiations for a $1.6bn acquisition. Doron Tavlin, a vice president for business development at Mazor Robotics, shared insider information with friend Afshin Farahan, who bought over $1m worth of Mazor stock. After the acquisition was announced, Farahan sold his stock, making a profit of over $500,000.
February 21, 2024
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