SEC Charges Hedge Fund Manager Leon Cooperman With Insider Trading In APL

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BREAKING STORY stay tuned for analysis also see below SEC Charges Hedge Fund Manager Leon Cooperman With Insider Trading Also see Lee Cooperman Updates Investors On SEC Subpoena And more background here on the supeona Washington D.C., Sept. 21, 2016 — The Securities and Exchange Commission today charged hedge fund manager Leon Cooperman and his firm Omega Advisors with insider trading based on material nonpublic information he learned in confidence from a corporate executive. The SEC alleges that Cooperman generated substantial illicit profits by purchasing securities in Atlas Pipeline Partners (APL) in advance of the sale of its natural gas…

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