Analog Devices, dirty dealz

It says Roche will become Chairman effective with the annual shareholders' meeting, which I believe is in March.

Global HQ moved from Norwood to Wilmington in 2020 or 2021, not sure which, after the fancy new building was completed.

Yes, seems unlikely to be related. "Senior executive" could mean anything.

I remember reading about the plan years ago but didn't know they'd actually finished and moved in, I can't easily find a press release about the completion on the AD site, anyway.

I'm surprised that they kept it in Norwood as long as they did, that location was seriously outdated.

Haven't been up that way in years though so can't say if it's shuttered or not.

From:

"Manning and Younis through their trading made $7,979 and nearly $52,000 in profits, respectively. A third person, a demolition company owner who did business with Younis, made $11,017 based on a trading tip by Younis, authorities said."

Wow, what a lousy return, I thought someone had made real money.

They must have been really persistent about telling anyone who would listen about what they did to get anyone to investigate a cop over 52 grand; I expect that type of small-time insider trading happens a hundred times a day and nobody's the wiser because the participants know how to shut up

It always amazes me how so many people will risk so much for so little.

It wouldn't surprise me if the SEC routinely looks at all stock trades related to takeover announcements. If you've got a person who never invests in a particular sector, then with remarkable prescience buys in just before a big price jump, then exits, well, that does perhaps merit a closer look. I don't know the particulars of this case but as a retired ADI employee will watch with interest.

Details of trading can trigger an investigation, but is not in itself remotely enough to support a claim of insider trading. If the communications are kept to untraceable means, then there is no way to convict. The problem is in most cases the communications are completely visible through cell phones or worse text where not only the timing but the content is visible. Go old school and communicate by smoke signals or use something untraceable like a burner phone or web sites from a foreign IP address (like a VPN), not your home or work.

The SEC is very patient. They will track people for weeks and months to let them slip up. I don't think it matters how much you make. They want the perpetrators unmasked. After all, do it once and get away with it and you may try to do it again, and again...

Remember Martha Steward? In fact, her crime was not the insider trading which would have been a simple fine, but lying to the federal investigators which was a felony.

Right, it is the kind of thing they may routinely look at for fascinating coincidences, but it's a fascinating coincidence without more than that.

The police officer had a family member in ADI who he overheard some stuff from, and if he'd made a (relatively) modest trade of 50k on this info himself and never spoke of it again, well...as I say I think that stuff happens relatively often and nobody gets bagged for it.

The Trump admin's SEC was lackadaisical as you'd expect, looks like maybe the feds have stepped it up again.

Best guess is (and it's only a guess) is that because the officer told a couple old townie buddies also, they made small change but couldn't keep quiet about it. And one or both of them eventually blabbed to the wrong person who tipped off the feds, and they were able to pull enough dirt by whatever mechanism to feel confident bagging the lot of them.

Mr. Officer should have known better than to tell his old chums shit, if that is how it went down I expect any objective observer could tell you those doofs knew how to "cover their tracks" about as well as a bull in a china shop, I know the type. Didn't Ayn Rand say something about the virtue of selfishness?