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.
![Penn theScore](https://igamingbusiness.com/img-srv/_VI5wQIknDAdCfEKJY58uhwKKWprvd7fMJ6_V737-k8/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMy8wMy9nYXZlbC1nYzlkYTZjOWI2XzE5MjAuanBn.webp)
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.