Broker Charged With Trading on Data in Bank Worker’s Laptop (1)

A New York City broker was charged over an insider trading scheme that involved a friend stealing sensitive merger information from the laptop of an executive assistant at an investment bank.

Spartan Capital Securities LLC broker Jordan Meadow was using deal information that his friend, Steven Teixeira, allegedly took from his girlfriend’s computer while the pair were working at home during the pandemic, according to an indictment unsealed in federal court in Manhattan.

The charges against Meadow were among multiple insider-trading cases made public Thursday as federal prosecutors aggressively target the crime. Last week, the US Attorney’s Office won a ...