Thomas Flanagan – Compliance Building

SEC Finally Catches Up With Former Deloitte Vice Chairman

Doug Cornelius August 5, 2010August 4, 2010 Insider Trading 1

Back in November, 2008, Deloitte sued its former vice chairman for trading in securities of the firm’s audit clients. The SEC has filed its case against Thomas Flanagan and included his son, Patrick Flanagan. The SEC alleged Flanagan traded in the securities of multiple Deloitte clients on the basis of inside information that he learned … Read more »

Deloitte sues vice chairman for client stock trades

Doug Cornelius November 14, 2008August 4, 2010 Insider Trading 1

Accounting firm Deloitte & Touche LLP has sued its former vice chairman for trading in securities of the firm’s audit clients. In a lawsuit filed Oct. 29 in Delaware Chancery Court, Deloitte said Thomas Flanagan “repeatedly lied to Deloitte about his clandestine trading activities in annual written certifications, going so far as to conceal the … Read more »