Illegal Activity
concerning
Blackmail
none
Date
2016-01-22
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
The document details an SEC complaint against Tsai and Whelehan for insider trading related to ADT stock, where Whelehan provided nonpublic information to Tsai, who then traded on it, resulting in illicit profits. Both parties have consented to judgments enjoining them from violating federal securities laws and agreed to pay civil penalties and disgorgement.
Metadata
- Subject
- SEC complaint charges Tsai and Whelehan with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0046927, SDNY_GM_00193111
- Date
- 2016-01-22
Illegal Activity
- Severity
- concerning
- Description
- Tsai and Whelehan engaged in insider trading, violating securities laws.
- Categories
- Insider Trading
- Content Type
- first_hand
Evidence:
- Tsai purchased ADT stock based on nonpublic information from Whelehan.
- Tsai recommended a close relative to purchase ADT stock based on nonpublic information.
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Tsai | insider trading | Whelehan | Whelehan provided nonpublic information to Tsai, who then traded on it. |
| Tsai | family | close relative | Tsai recommended that a close relative purchase ADT stock. |
| SEC | legal | Tsai | SEC charged Tsai with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. |
| SEC | legal | Whelehan | SEC charged Whelehan with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. |
Red Flags 2
- Insider trading
- Illicit profits
Financial Information
Amounts:$ 19,500.00$ 4,414.41$ 23,914.41$ 521.08
Assets:
- ADT stock
Transactions:
- Tsai purchased 1,500 shares of ADT stock.
- Tsai's close relative purchased 343 shares of ADT stock.
- Whelehan agreed to pay $ 23,914.41 in civil penalties.
- Tsai agreed to disgorge $ 23,914.41 in illicit profits plus $ 521.08 in prejudgment interest, and pay $ 23,914.41 in civil penalties.
Public Knowledge
- Context
- SEC enforcement actions are often of public interest.
- Media Worthy
- Yes
Legal Compliance
- Violation of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealingsAllegations/complaints
People 20
Organizations 29
Apollo Global Management, LLCSECBeckett Media LLCBuy.com, Inc.IAC/InteractiveCorpPeopleFindersPro, Inc.Shoebuy.com, Inc.Trilegiant CorporationWyndham Worldwide Corp.1-800-Flowers.com, Inc.Adaptive Marketing, LLCDays Inns Worldwide, Inc.Rakuten USA, Inc.Vertrue Inc.Webloyalty.com, Inc.Orbitz Worldwide, LLCPriceline.com, Inc.TigerDirect, Inc.Bank of America N.A.Wells Fargo Bank, N.A.Citigroup Inc.Capital One Financial CorporationChase Bank USA, N.A.Citibank, N.A.Hotwire, Inc.Chase Paymentech Solutions, LLCUnited Online, Inc.AFFINION GROUP, LLCADT
Locations 1
New York
Financial Entities 6
Bank of America N.A.Wells Fargo Bank, N.A.Citigroup Inc.Capital One Financial CorporationChase Bank USA, N.A.Citibank, N.A.
Text Analysis
- Tone
- Legal, formal
- Purpose
- To report on the SEC's charges against Tsai and Whelehan for insider trading.
- Significance
- Details an insider trading case involving nonpublic information and illicit profits.
File Info
- File Name
- EFTA01358942.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:23.392778
- DOJ Source
- View on DOJ