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USA v. Beshey et al

  1. May 30, 2019

    Feds Want 12-18 Mos. For Convicted Life Time Fitness Trader

    Federal prosecutors say a Chicago man should face a year to a year and a half in prison for trading Life Time Fitness Inc. shares using inside information about a plan to take the gym private, saying the act was not a "momentary lapse."

  2. May 21, 2019

    Convicted Life Time Fitness Trader Asks For Acquittal

    A California stock trader told an Illinois federal judge Tuesday that he should never have been convicted in an insider trading conspiracy case surrounding Life Time Fitness Inc., arguing he was too far removed from an information leak to be part of the criminal plot.

  3. April 16, 2019

    Calif. Trader Guilty Of Life Time Fitness Trading Conspiracy

    A California stock trader was found guilty of conspiracy Tuesday but cleared of securities fraud by an Illinois federal jury that heard he had made about $550,000 from selling Life Time Fitness Inc. stock based on inside information that the gym chain was going to be taken private.

  4. April 12, 2019

    Trader Tells Jury Witness Lying About Life Time Tipoff

    Jurors shouldn't trust the testimony of the government's main witness in a criminal insider trading case against a stock trader who allegedly pocketed $550,000 from selling Life Time Fitness Inc. stock based on inside information, his attorney said Friday.

  5. April 09, 2019

    Life Time Fitness Investor Traded On Inside Info, Jury Told

    A California man made more than $550,000 in profits from trading his Life Time Fitness Inc. stock based on inside information that the gym chain was planning to be taken private, an Illinois federal jury heard Tuesday.

  6. March 12, 2019

    Man Cops To Role In Life Time Fitness Insider Trading Scheme

    A Chicago man accused of trading Life Time Fitness Inc. shares using inside information about a plan to take the gym private has pled guilty to a conspiracy charge he faced over the government's allegations.

  7. February 25, 2019

    Tipster Pleads Guilty To Life Time Fitness Insider Trading

    The lead tipster in an insider trading scheme led by a former Life Time Fitness Inc. executive before the gym chain went private changed his not guilty plea in Illinois federal court on Friday to a voluntary plea of guilty of conspiracy to commit securities fraud.

  8. February 21, 2019

    Tipster's Girlfriend Gets Probation In Life Time Fitness Plot

    A woman who admitted to helping her boyfriend and others facilitate an insider trading scheme before Life Time Fitness Inc. was taken private was sentenced Thursday to time served plus probation for her role in the ploy.

  9. January 22, 2019

    2 In Life Time Fitness Insider Trading Suit Must Face Charges

    Two men must face insider trading and conspiracy charges after an Illinois federal judge on Tuesday found plausible the government's allegations they had illegally traded Life Time Fitness Inc. call options when they learned that the company was going private.

  10. November 29, 2018

    3rd Defendant Cops To Fitness Co. Insider Trading Scheme

    A woman charged with helping her boyfriend facilitate an insider trading scheme once they learned Life Time Fitness Inc. would be taken private pled guilty Thursday to a conspiracy charge for her role in the operation.

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