Two Israelis Charged With Insider Trading Following Intel’s Mobileye Deal

Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel for $15.3 billion.

According to a complaint filed on Thursday in the U.S. District Court in Manhattan, Ariel Darvasi and Amir Waldman made “remarkably timed” purchases of Mobileye shares and call options prior to the March 13 merger announcement.

The SEC said the purchases...

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