Two face insider trading charges over Penn’s theScore acquisition
| By Marese O'Hagan
The Securities and Exchange Commission (SEC) has charged two people with insider trading related to Penn National Gaming’s acquisition of theScore.
The charges were handed down against Jordan Meadow, a representative for a broker dealer based in New York, and Steven Teixeira, chief compliance officer for a payment processing company.
Specifically, both are accused of breaching the antifraud provisions of federal securities laws.