The boyfriend of a Disney executive’s aide admits he tried to sell earnings data to investment companies before they were made public. The boyfriend of an assistant to a top Walt Disney Co. executive pleaded guilty Monday to conspiracy to commit securities fraud and wire fraud in federal court in New York in an insider trading scheme that garnered notoriety for its lack of sophistication. Yonni Sebbag was arrested in May along with Bonnie Hoxie, a former aide to Zenia Mucha, the head of corporate communications for Disney. Both were charged with conspiracy to commit securities fraud and wire fraud by selling inside information to investment companies. Read the rest… |