(Reuters) - The couple, Kan King Wong and Charlotte Ka On Wong Leung, are accused of buying 415,000 shares of Dow Jones shares "while in possession of material, nonpublic information regarding the offer to buy DJ by News Corp," the U.S. Securities and Exchange Commission said.
The SEC, in a civil complaint filed in Manhattan federal court, contends that the couple bought Dow Jones stock from April 13 to April 30, before the takeover offer for the Wall Street Journal publisher became public on May 1.
Read more at Reuters.com Mergers News
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