3 Months for Boyfriend in Disney Insider Case

A California man was sentenced Aug. 7 in the U.S. District Court for Central District of California to three months in prison after pleading guilty to charges he traded on inside information about a Walt Disney Co. acquisition (United States v. Scammell).

Defendant Toby Scammell, who learned about the takeover from his then-girlfriend, a Disney employee, also will pay $122,494.05 to broker-dealers from whom he purchased the challenged stock options, prosecutors said.

In addition, Judge James Otero sentenced Scammell to six months home confinement with electronic monitoring. Scammell will begin serving his sentence Sept. 22.

In 2009, Scammell ...