The federal government recently arrested an Indiana couple for allegedly using insider information to profit from Cummins Inc.’s $3.7 billion corporate acquisition of a company in 2022.

The U.S. Attorney for the District of Columbia Jeanine Pirro announced on Dec. 9, that it had charged Fan Yang, 39, and Jing Tian, 37, of Indianapolis with two counts of conspiracy to commit securities fraud. It's unclear if the couple has entered a plea. The case against them has not been uploaded to the federal government's court tracking system.

Yang and Tian, who both worked for Cummins before the acquisition of Meritor , are accused of relaying information about the potential purchase to at least five other traders, court documents revealed. Based on Tian's LinkedIn, it appeared that he was

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