Two employees at the former Bend company Clear One Health Plans have been accused of insider trading, stemming from allegations they used information in confidential emails to buy and sell company stock ahead of Clear One’s 2010 merger with PacificSource Health Plans.
The U.S. Securities and Exchange Commission filed a complaint in U.S. District Court in Eugene on Wednesday, alleging that Bend resident Daniel Vance and Hillsboro resident Blake Wellington profited after learning about Clear One’s “confidential merger negotiations," according to the complaint.
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