Former Oracle executive in insider trading scam
Former Oracle vice president settles SEC insider trading charges
The US watchdog charged Balkenhol with obtaining information from his spouse,
who was also employed at Oracle, on Oracle’s secret acquisition targets and
trading in shares based on this information.
Balkenhol’s wife was the lead assistant to two
presidents and the Oracle chief executive.
Balkenhol paid $198,000 (£100,100) to settle the charges.