Illegal Activity
concerning
Blackmail
none
Date
2004-04-22
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
The document summarizes a Securities and Exchange Commission (SEC) action against Allen M. Glick and his associates, including Jeffrey S. Epstein, for illegal insider trading in several Massachusetts banks. The defendants consented to final judgments, were enjoined from violating securities laws, and agreed to pay over $437,000 in penalties.
Metadata
- Subject
- SECURITIES AND EXCHANGE COMMISSION NOTES: Litigation Rel. No. 18675 /April 22. 2004 SEC Charges Former Director of Banknorth Group. Inc. and MetroWest Bank In Settled Insider Trading Case SEC v. Allen M. Glick et al.
- Sender
- —
- Recipients
- —
- Document ID
- Litigation Rel. No. 18675
- Date
- 2004-04-22
Illegal Activity
- Severity
- concerning
- Description
- The document details a settled civil fraud action against Allen M. Glick and his associates, including Jeffrey S. Epstein, for illegal insider trading.
- Categories
- Insider Trading
- Content Type
- court_document
- From Epstein
- Yes
Evidence:
- Illegal insider trading in three publicly-traded Massachusetts banks - MetroWest Bank. Medford Bancorp and Warren Bancorp.
Relationships 6
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Allen M. Glick | director | MetroWest Bank | Allen M. Glick was a former director of MetroWest Bank |
| Allen M. Glick | director | Banknorth Group. Inc. | Allen M. Glick was a former director of Banknorth Group. Inc. |
| Allen M. Glick | associate | Arthur H. Freedman | Arthur H. Freedman is an associate of Allen M. Glick |
| Allen M. Glick | associate | Jeffrey S. Epstein | Jeffrey S. Epstein is an associate of Allen M. Glick |
| Allen M. Glick | associate | Steven T. Moore | Steven T. Moore is an associate of Allen M. Glick |
| Allen M. Glick | associate | Romeo J. Pendolari | Romeo J. Pendolari is an associate of Allen M. Glick |
Notable Quotes 2
Without admitting or denying the Commission's allegations, Glick. Freedman. Epstein, Moore and Pendolari consented to the entry of final judgments permanently enjoining them from violating the antifraud provisions of the federal securities laws.
The defendants also agreed to pay a total of over $437.000 in disgorgement of trading profits, prejudgment interest and civil penalties, and Glick consented to a permanent bar from serving as an officer or director of any publicly-traded company.
Red Flags 2
- Insider trading
- Civil fraud action
Financial Information
Amounts:$437.000
Transactions:
- disgorgement of trading profits
- prejudgment interest
- civil penalties
Media & Journalist References
- References to SEC litigation releases and complaints.
Public Knowledge
- Context
- This information was released by the SEC as part of a settled civil fraud action.
- Media Worthy
- Yes
- Likely Public
- True
Legal Compliance
- Violation of antifraud provisions of the federal securities laws
- Illegal insider trading
Raw Analysis JSON
click to expand
Themes
Legal matters/litigationFinancial transactions/money flowAllegations/complaintsIllegal activities
Organizations 5
SECURITIES AND EXCHANGE COMMISSIONBanknorth Group. Inc.MetroWest BankMedford BancorpWarren Bancorp
Locations 2
MassachusettsUnited States Distinct Court for the District of Massachusetts
Text Analysis
- Tone
- Informative
- Purpose
- To provide information about a settled civil fraud action against Allen M. Glick and his associates for illegal insider trading.
- Significance
- This document details a legal case involving insider trading and the penalties imposed on the individuals involved.
File Info
- File Name
- EFTA01363543.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:39.838520
- DOJ Source
- View on DOJ