SEC settles insider trading case with Massachusetts resident involving Sage Therapeutics

The agency alleged that Brian Suthoff liquidated all of his Sage stock in advance of negative news.

The SEC has resolved insider trading allegations with a Massachusetts resident concerning Sage Therapeutics, Inc, after his alleged liquidation of shares in the company on the basis of “extremely restricted” FDA-related information.

According to the SEC’s complaint, Brian Suthoff allegedly avoided losses of nearly $20,000 by trading in advance of

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