SEC Charges Ex-Bank of America Banker in Insider Trading Case Tied to Basketball Game
The U.S. Securities and Exchange Commission has sued former Bank of America banker Jason Satsky and his associate Gavin Wolfe, accusing them of insider trading linked to a confidential merger discussion disclosed during a basketball game. The case hinges on circumstantial evidence, including suspicious trading patterns and a network of entities used to conceal purchases.
Aug 23, 2026