HOMEPostContact Us
Posted April 23. 2014 1:43PM

Former pharmaceutical executive gets 16 months for insider trading involving NH chiropractor

Click headline or here to open angled item
Lazorchak funneled information about Celgene’s anticipated acquisition of Pharmion Corp. in 2007 to his high-school friends, Foldy and Michael Pendolino, 44, a New Hampshire-based chiropractor. In the months leading up to the deal, Foldy and Pendolino traded on the inside information for a profit and broadened the insider trading network by tipping family members and other friends.


1010,1011,1363