
File this under ‘What was he thinking?’
After spending nearly 17 years as controller at Aceto, a supplier of active pharmaceutical ingredients, Ed Kelly retired in March 2018 and, one month later, was hired as a consultant to help the company close its books for the recently ended fiscal quarter. But then he came across information that he apparently could not ignore — and committed insider trading by acting on it, according to a complaint filed by the Securities and Exchange Commission.