Ex-NFL Player Jack Brewer Sold Shares on Inside Info, Judge Says

Former National Football League player Jack Brewer had insider information from a marketing client of his financial consulting conglomerate and traded shares on it for personal gain, a federal judge said.

The Securities and Exchange Commission is entitled to a judgment that Brewer, CEO of The Brewer Group, violated securities laws against insider trading, Judge Jennifer H. Rearden said in her May 30 opinion explaining why she granted the SEC’s motion for partial summary judgment in March.

The US District Court for the Southern District of New York judge said “it is undisputed” Brewer had nonpublic information that would’ve mattered ...