October 20, 2014 / 8:09 PM / 3 years ago

BRIEF-Toronto man accused by SEC of insider trading in Herbalife sues to stop administrative proceeding

Oct 20 (Reuters) - Herbalife Ltd : * Toronto man who was accused of insider trading by U.S. Securities and

Exchange Commission related to Herbalife Ltd files lawsuit to halt

SEC administrative proceedings -- court filing * Jordan peixoto claims that SEC administrative proceedings against him are

unconstitutional * Peixoto seeks court order preventing SEC from pursuing administrative

proceedings against him; also denies having committed wrongdoing

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