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        Larchmont resident indicted in insider trading scheme

        David Cooper, a 38-year-old broker, and three other traders allegedly shared inside information obtained from investment banks and then fraudulently traded in advance of multiple public offerings.

        News 12 Staff

        Jan 16, 2025, 12:30 PM

        Updated 4 hr ago

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        A Larchmont resident is among four people indicted for an insider trading scheme.
        David Cooper, a 38-year-old broker, and three other traders allegedly shared inside information obtained from investment banks and then fraudulently traded in advance of multiple public offerings.
        Officials say they made over $1 million in profit from the scheme, which took place between 2018 and 2024.