Greed was not good — a Florida man’s insider trading of ADT stock cost him $524,000

Trading a national security firm’s securities turned a $320,908 profit for a Boca Raton man. Until, that is, the Securities and Exchange Commission found out the illegal way he made such savvy trades and turned that profit into a $524,065 loss. Legally, in Tuesday’s final judgment in West Palm Beach federal court, Charles Baugh neither admits nor denies he violated federal securities laws’ anti-fraud provisions by insider trading ADT stock using confidential information from a relative. But, money talks and that judgment also says Baugh agreed to pay the U.S....