Insider Trading by Former Tallgrass Energy Board Member (03/12/24)

The SEC charged Roy Cook, a former board member for Tallgrass Energy, and four of his friends with insider trading. The SEC also charged Cook with failing to file required disclosure reports concerning securities transactions by family trusts. All five of the defendants agreed to settlements that, in aggregate, include more than $2.2 million in disgorgement, prejudgment interest, and civil penalties.