The Securities and Exchange Commission levied a $6.3 million fine against John Kinnucan and his former firm, Broadband Research Corp.
Kinnucan pleaded guilty in 2012 to two counts of securities fraud and one count of conspiracy to commit securities fraud in a parallel criminal case. He is incarcerated in California.
The federal government alleged Kinnucan provided inside information to hedge fund clients of Broadband Research.
Read more at Portland Business Journal