Local Investor Denies Illegal Insider Trading

Stephen Rasinski, the Orange County investor under investigation for stock trading allegedly linked to pre-release leaks of Business Week magazine, said Friday through his attorney that he “has violated no state or federal laws.”

Don Buchwald, the attorney, added that Rasinski “would have no public comment while the matter is under investigation.” The investor is on a previously scheduled vacation with his family, Buchwald said.