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[26 May 2010 | No Comment | ]
Assistant to Disney Senior Executive Charged in Insider Trading Scheme

Bonnie Jean Hoxie, assistant to a senior Disney executive, & her boyfriend Yonnie Sebbag have been charged with insider trading of Walt Disney Shares by the Securities and Exchange Commission (SEC) today. Allegedly, they worked together to send letters to 20 hedge funds offering the sale of advanced information about Disney’s second quarter earnings. This action violates the anti-fraud provisions of federal securities laws.
According to Daily Finance: “The SEC complaint describes Sebbag, 29, as a resident of California. In various communications, he used the alias “Jonathan Cyrus. Hoxie, 33, …