FBI investigating potential insider trading in Heinz -spokesman
NEW YORK Feb 19 (Reuters) - The Federal Bureau of Investigation said on Tuesday it had opened an investigation into potential insider trading in shares of H.J. Heinz Co just before a takeover announcement last week.
The announcement follows the U.S. Securities and Exchange Commission's decision to freeze assets connected to a Swiss trading account from which the alleged insider trades were made.
"The FBI is aware of the trading anomalies the day before Heinz' announcement," a spokesman said. "The FBI is consulting with the SEC to determine if a crime was committed."
Heinz on Thursday announced a deal to be acquired for $23 billion by Warren Buffett's Berkshire Hathaway Inc and Brazil's 3G Capital.
- Exclusive: Secret contract tied NSA and security industry pioneer |
- Housing, jobs data weaken, but overall economic picture still upbeat
- Putin critic Khodorkovsky in Germany after pardon |
- Target probe eyes overseas hackers; stolen cards for sale online
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |