MIAMI, Fla. — A Florida man has pleaded guilty to securities fraud in connection with an insider trading scheme that netted him more than $1.6 million in profits, according to the U.S. Attorney’s Office for the Southern District of Florida (USAO).
Stephen George, 54, of Parkland, formerly served as vice president and controller at a Boca Raton-based consumer packaged goods company, referred to in court documents as Company A. The company, a maker of a popular fitness drink, is publicly traded on the NASDAQ Stock Market.
Prosecutors said Mr George used his access to material non-public information (MNPI) during his tenure at Company A to benefit financially. On his last day of employment, April 7, 2023, Mr George reportedly accessed an internal income statement that revealed stronger-than-expected quarterly earnings. He emailed the document to himself using personal accounts…