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Chemical Week Magazine :: Business & Finance :: United States/Americas

SEC charges former Dow IT executive with insider trading

5:04 PM MDT | July 15, 2013 | —Robert Westervelt

The US SEC has charged a former Dow Chemical executive and two others with insider trading ahead of Dow’s $18.8-billion acquisition of Rohm and Haas. The SEC’s complaint charges Mack Murrell, who was Dow’s v.p./information systems when the R&H acquisition was announced in July 2008, obtained confidential details about the deal from his then live-in girlfriend, now wife, Stacey Murrell, who was administrative assistant to Dow’s then CFO. The complaint alleges that the day after learning from Stacey about a special board meeting about...

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