The SEC has sued the husband of Christie Hefner, accusing him of insider trading in Playboy Enterprises stock, according to the NY Times' Dealbook.
William A. Marovitz, the husband of Ms. Hefner, the former chief executive of Playboy, was accused of gaining $100,000 by trading on confidential information gleaned from his wife, according to a complaint filed Wednesday morning in Federal District Court in Chicago.
Mr. Marovitz, a former Illinois state senator, has agreed to pay $168,000 in penalties, disgorgement and interest to settle the civil case.
Read more at http://dealbook.nytimes.com/2011/08/03/husband-of-playboy-executive-accused-of-insider-trading/?nl=business&emc=dlbkpma2
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