The Securities and Exchange Commission charged the former CEO of financial-technology company Heartland Payment Systems, Inc. with insider trading on Tuesday, saying in a complaint that he gave a romantic partner details about his company’s planned sale to a larger rival before they became public.
In a lawsuit filed in federal court in Connecticut, the SEC accused the former executive, Robert Carr, and his partner, Katherine Hanratty, of buying around $900,000 worth of Heartland stock in late 2015 based on confidential information...