Eric Watson’s insider trading trial set for April

Last year, Eric Watson said he believed the SEC filing was without merit. (Image: NZME)

Tue, 20 Jun 2023

An insider trading case brought against Eric Watson is set down for a five-day trial starting on April 1, 2024, in the southern district of New York court.Watson has not yet responded to the civil enforcement action brought by the US Securities and Exchange Commission (SEC) in mid 2021. After failing to find the beleaguered New Zealand businessman, the commission published its summons in the New York Times repeatedly during October and November before obtaining a certificate of default against him on Feb 3. The SEC said it did not file a d...

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