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by Mike Caswell
The U.S. Securities and Exchange Commission has permanently banned former New Jersey broker Jordan Meadow, who was charged for an insider trading scheme involving Toronto Stock Exchange listings Score Media and Gaming Inc. and Domtar Corp. that occurred in 2021. The SEC said that Mr. Meadow learned about takeovers and other deals through unauthorized access to a work laptop belonging to an associate's girlfriend. The girlfriend was an executive assistant at an investment bank.
The ban for Mr. Meadow is contained in a proposed judgment filed on Oct. 1, 2026, in federal court in New York. The judgment bars him from serving as an officer or director and includes an injunction against future violations. Mr. Meadow must also pay a fine, in an amount yet to be determined. The sanctions represent a negotiated settlement and still require approval from the judge.
For Mr. Meadow, the ban represents just part of his punishment for the scheme. He previously pleaded guilty to related criminal charges and awaits sentencing.
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