SEC gets assets frozen over suspected illegal trading in Anadarko

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The U.S. Securities and Exchange Commission on Monday obtained an asset freeze i...

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst

U.S. District Judge Gregory Woods in Manhattan granted the freeze over accounts linked to suspicious purchases by unknown buyers of Anadarko securities between Feb. 8 and April 1, 2019, according to a court filing.The SEC declined to comment on the case, while Anadarko could not immediately be reached for comment.

Defendants that receive notice must not withdraw, transfer or dispose of assets related to the allegations, the filing said.

 

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Suspicious Foreign Anadarko Option Trades Frozen Pending SEC Investigation

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