SEC fines filmmaker $1M for insider trading ahead of Millennium, Sepracor acquisitions
September 23, 2013 at 14:18 PM EDT
After collecting just $264 on what has been called “the lowest-grossing film of 2012,” Manhattan independent filmmaker Lawrence Robbins will now have to pay more than $1 million to settle charges that he illegally profited off two local biotech acquisitions to fund his film production company...