SEC Playboy case chronicles Bill Marovitz’s betrayal of wife Christie Hefner
December 9, 2012 7:45PM
Christie Hefner and husband, Bill Marovitz. | Keith Hale ~ Sun-Times
Updated: December 10, 2012 12:20AM
Christie Hefner, former CEO of Playboy Enterprises Inc., said she learned that her husband, William Marovitz, owned shares of Playboy when he told her he was being investigated for suspicious trading in the stock, Bloomberg News reports.
The Hefner-Marovitz drama is one of several insider-trading cases involving husbands betraying their wives, based on SEC testimony obtained by Bloomberg. Marovitz settled with the SEC last year. The story details the allegations and efforts by Hefner to warn her husband against buying shares in Playboy.