VET - Calgary's Corporate Drama: Vermilion Energy Insider Faces Hefty C$400000 Fine And 10-Year Trading Ban | Benzinga
The Alberta Securities Commission disclosed that Behjat Haghshenas of Calgary admitted to illegal insider trading and agreed to pay a C$400,000 penalty.
Haghshenas was a Senior Reservoir Specialist for Vermilion Energy Inc (NYSE: VET). In early 2022, Vermillion was in discussions with Leucrotta about potentially acquiring the company.
The regulator said that Haghshenas has also agreed to a 10-year trading ban ...