Former Medtronic Consultant Convicted in Insider Trading Case
The conviction stems from a scheme involving nonpublic information about the acquisition of Mazor Robotics, resulting in significant profits.
- A federal jury convicted former Medtronic consultant Doron Tavlin of insider trading linked to the acquisition of Mazor Robotics.
- Tavlin was found guilty on one count of conspiracy to commit insider trading and 10 counts of securities fraud.
- Twin Cities insurance agent David Jay Gantman was acquitted of all charges against him.
- Afshin 'Alex' Farahan, who pleaded guilty in 2022, and Tavlin were involved in a scheme that netted over $500,000 in profits from the acquisition.
- The case, resulting from an FBI investigation, awaits sentencing dates for Tavlin and Farahan.