Ex-Ameriprise Manager Who Helped with SAC Capital Insider Trading Case Settles Charges Against Her

FormerAmeriprise Financial (AMP)Manager Reema D. Shah, who pleaded guilty to securities fraud earlier this year, will pay $390,103 to settle both the criminal and Securities and Exchange Commission cases against her. Shah, who was a tech stock picker for Ameriprise subsidiary RiverSource Investments, LLC, illegally recommended Yahoo Inc. stock in 2009 after she became privy to nonpublic data about a search engine partnership between the technology company and Microsoft Corp.

根据政府官员的说法，Shah与研究分析师，对冲基金经理和顾问（包括Robert W. Kwok）之间的信息交易，他是有关Yahoo和Microsoft的数据的来源。Shah此前向Kwok提供了有关Autodesk公司及其对Moldflow Corporation的收购的信息。据称由于小费而获得了1,500股Moldflow股票，并获得了4,750美元的利润。

The regulator claims that because of the insider trading information that Kwok gave her, Shah compelled certain funds that she helped manage to buy about $700,000 Yahoo shares. These were later sold at a $388,807 profit.

Shah has since worked with federal agencies to provide information that helped in a number of insider trading probes, including the securities fraud case against SAC Capital Advisors, which led to that firm paying $1.8 million in penalties.

在这种情况下，SAC Capital（现在称为Point72）对与员工犯下的内部交易有关的指控表示认罪。对冲基金不再管理外部资金，现在只监督其创始人史蒂文·科恩（Steven Cohen）及其员工的资金。

同时，莎阿（Shah）不会看到任何监禁时间。但是，她正在接受两年的缓刑。

If you suspect that your financial losses are due tosecurities fraud, contact our law firm today.

SEC settlement ends saga for former Ameriprise exec who aided SAC Capital insider case, Investment News, December 9, 2014

SAC Capital $1.8 billion penalty approved, CNN, April 10, 2014

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