The Securities and Exchange Commission said Wednesday it has charged Reza Saleh, an employee of a Perot Systems Corp. affiliate, with insider trading related to Dell Inc.'s offer to buy Perot Systems earlier this week.
In a complaint filed in Dallas, the SEC said Saleh, 53, reaped about $8.6 million in "illicit profits" based on his knowledge of "material, non-public information that he learned in the course of his employment with, or duties for, two Perot-related private companies and Perot Systems."
The SEC is seeking a court order to freeze Saleh's assets.
A message left under a listing for Reza Saleh in Richardson, Texas, was not immediately returned Wednesday.
Saleh works for Parkcentral Capital Management LP, the Plano, Texas-based investment firm of former presidential candidate and Perot Systems Chairman Emeritus Ross Perot. Saleh also works for Perot Investments, which manages Ross' personal financial affairs, and has sometimes attended Perot Systems planning meetings, according to the complaint.