Washington An environmental group on Monday called on the Securities and Exchange Commission to investigate possible insider trading involving a mining company that is pursuing a massive gold and copper mine in Alaska near the world's most valuable salmon fishery.
Earthworks, a Washington-based advocacy group, sent a letter of complaint to the SEC, the New Jersey Bureau of Securities and the Financial Industry Regulatory Authority, detailing a flurry of stock trades and communication related to Northern Dynasty Minerals Ltd. in the days prior to recent decisions by Environmental Protection Agency that were beneficial to the mine. The company's stock price shot up after both EPA decisions were publicly announced this summer, records show.
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