Ex-Barclays employee gets prison term for insider trading scheme

A former director at Barclays (Swiss: BARC.SW - news) Plc was sentenced on Wednesday to five months in a U.S. prison for repeatedly passing tips about mergers under way at the bank to a plumber, who made thousands of dollars trading ahea.....»»

Category: topSource: yahooJan 11th, 2017

Former Dean Foods Chairman Gets 2 Years for Insider Trading

A federal judge sentenced Thomas C. Davis, the former chairman of Dean Foods Co., to two years in prison for engaging in a long-running insider trading scheme with legendary Las Vegas gambler William “Billy” Walters......»»

Category: smallbizSource: wsjOct 20th, 2017

U.S. regulators charge bank employee, six others with insider trading

NEW YORK (Reuters) - U.S. securities regulators on Wednesday accused an employee of a large multinational bank and six other people of taking part in an insider trading scheme that reaped more than $5 million in profits......»»

Category: topSource: reutersAug 16th, 2017

Letting you down is my greatest regret: Rajat Gupta to friends, IIT alumni

Ex-Goldman Sachs director Gupta has served a two-year prison term on insider trading charges.....»»

Category: topSource: business-standardJul 9th, 2017

Former McKinsey head Rajat Gupta to address IIT alumni conference in US

Gupta served a two-year prison term on insider trading charges.....»»

Category: topSource: business-standardJun 16th, 2017

5 hedge funders and government insiders have been charged with illegal trading

ReutersNEW YORK — A Washington, DC, political consultant, a former federal employee, and three others have been charged with using confidential information from within a US health agency to engage in an insider trading scheme. Federal prosecuto.....»»

Category: topSource: businessinsiderMay 24th, 2017

Former Expedia Employee Gets 15 Months in Prison for Insider Trading

Jonathan Ly netted $331,000 by stealing confidential information from senior executives' emails. A former Expedia comput.....»»

Category: europeSource: fortuneApr 25th, 2017

Rajat Gupta assumes new role as Chairman of non-profit organisation

A gradual return to a normal life after completing a two-year prison term on insider trading charges.....»»

Category: topSource: business-standardNov 17th, 2016

Law Clerk in Napkin-Chewing Insider Case Gets Nearly 4 Years in Prison

Jonathan Stempel The former law firm clerk whose tips about corporate mergers fueled an insider trading scheme in which one participant ate evidence written on napkins and Post-its in Grand Central Terminal was sentenced to nearly f.....»»

Category: topSource: wealthmanagementSep 15th, 2016

Former exec charged in elaborate insider trading scheme that involved a kickback of 10 pounds of marijuana

Reuters A former executive on Friday was charged with orchestrating an elaborate insider-trading scheme that involved a kickback of over ten pounds of marijuana, the Se.....»»

Category: topSource: businessinsiderSep 29th, 2017

Ex-Akebia employee suspected of insider trading re-arrested


Category: topSource: reutersSep 22nd, 2017

SEC Charges Former Amazon Employee With Insider Trading

Shares of, Inc. (NASDAQ: AMZN) were little changed Friday morning after the U.S. Securities and Exchange Commission announced insider trading charges against a former employee. read more.....»»

Category: blogSource: benzingaSep 8th, 2017

Trader allegedly paid Amazon employee and frat bro $10,000 to steal earnings results in $1.7 million insider trading scam (AMZN)

Blazquez Dominguez/GettyIt's a bad idea to engage in insid.....»»

Category: topSource: businessinsiderSep 8th, 2017

Insider Trading Charges Brought Against Former Employee

There is legal insider trading, where corporate insiders have windows of time buy or sell shares in their companies. And then there is illegal insider trading, whereby privileged information is used........»»

Category: blogSource: 247wallstSep 7th, 2017

Former Amazon employee settles SEC insider trading charges

The U.S. Securities and Exchange Commision has charged a former Inc. employee with leaking confidential financial data about the company ahead of an earnings announcement, the SEC said on Thursday. Bre.....»»

Category: topSource: marketwatchSep 7th, 2017

Seven Charged in Insider Trading Ring Linked to Bank of America Leaks

They are accused of generating more than $5 million based on tips from an employee. U......»»

Category: europeSource: fortuneAug 16th, 2017

Seven charged in U.S. insider trading ring

NEW YORK (Reuters) - U.S. authorities on Wednesday announced insider trading charges accusing seven people of generating more than $5 million of profit based on tips from a Bank of America Corp employee about dozens of pending corporate transactions......»»

Category: topSource: reutersAug 16th, 2017

Man behind Tampa investment fraud gets prison term

A former Tampa man who set up a shell company to defraud investors was sentenced to more than nine years in federal prison. Anthony Klatch II also was ordered to pay $516,755 to victims of his investment scheme, according to the U.S. Attorney’s .....»»

Category: topSource: bizjournalsAug 1st, 2017

Ex-Akebia employee faces losing bail in insider trading case

BOSTON (Reuters) - A former Akebia Therapeutics Inc employee accused of insider trading faced the growing possibility of having his bail revoked as a U.S. prosecutor argued on Thursday that he posed a flight risk and was growing "increasingly unhinged.".....»»

Category: topSource: reutersJul 20th, 2017

Insider-Trading Case Ensnares Hedge Fund

Prosecutors say an employee of a Washington consulting firm obtained information about policy decisions at the Centers for Medicare and Medicaid Services......»»

Category: dealsSource: nytMay 24th, 2017

Insider Trading Scheme Ensnares Hedge Fund - New York Times

New York TimesInsider Trading Scheme Ensnares Hedge FundNew York TimesFor hedge funds, information is a valuable currency. A scrap o.....»»

Category: topSource: googlenewsMay 24th, 2017