An ex-Pfizer employee and his close friend were arrested Thursday afternoon for an insider trading scheme that could land the men in prison for decades.
Prosecutors allege Amit Dagar, 44, leaked inside information on the clinical trials of the Covid-19 drug Paxlovid in order to receive illegal profits from trading.
A former Pfizer employee and his close friend were arrested Thursday morning on charges they illegally used insider information about breakthrough results from the trial of the pharmaceutical giant’s anti-covid medicine Paxlovid to profit off its stock. https://t.co/wBjI60BAYP
— The Washington Post (@washingtonpost) June 29, 2023