IHS Chemical Week

SEC charges former Dow IT executive with insider trading

10:48 AM MDT | July 2, 2013

The US Securities and Exchange Commission (SEC) has charged a former Dow Chemical information technology executive and two others with insider ahead of Dow’s $18.8-billion acquisition of Rohm and Haas. The SEC's complaint charges Mack Murrell, who was v.p./information systems when the Rohm and Haas acquisition was announced in July 2008, obtained confidential details about the acquisition from his then live-in girlfriend, now wife, Stacey Murrell, who was administrative assistant to Dow's CFO at the time. The complaint alleges that the day after learning from...

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