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

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

Billy Walters found guilty in $40m insider-trading case

Gambler could face years in prison after victory for US attorney’s office.....»»

Category: topSource: ftApr 8th, 2017

Lawyer: former Merrimack employee accused of insider trading to fight charges

A former Merrimack Pharmaceuticals employee who was charged with insider trading last month intends to fight the allegations, his new lawyer said Tuesday. Songjiang Wang, a former director of statistical programming at Merrimack (Nasdaq: MACK), was a.....»»

Category: topSource: bizjournalsMar 22nd, 2017

SEC freezes assets in suspected insider trading on Softbank-Fortress deal

The U.S. SEC said on Tuesday it froze the assets of certain traders in a suspected insider trading scheme on the Softbank-Fortress deal......»»

Category: topSource: moneycentralMar 2nd, 2017

Nearly $30 Million Frozen for Chinese Insider Trading Scheme at Comcast

The SEC has announced that it obtained an emergency court order freezing brokerage accounts that held over $29 million in illegal profits reaped from insider trading in advance of the acquisition of........»»

Category: blogSource: 247wallstFeb 13th, 2017

SEC Accuses Chinese Trader in Hollywood Insider-Trading Scheme

U.S. securities regulators on Friday accused a Chinese private-equity firm partner of engineering an insider trading scheme that reaped $29 million through buying shares of DreamWorks Animation SKG before it was acquired by Comcast Corp......»»

Category: asiaSource: wsjFeb 11th, 2017

Clusters of Insider Buying at Battered Retailer of Storage Products and Struggling Trucking Firm, Plus Other Insider Trading

The term “insider trading” is usually associated with illegal conduct, but the term refers to both legal and illegal conduct. The legal kind o.....»»

Category: topSource: insidermonkeyFeb 10th, 2017

Cluster of Insider Buying at New York & Company Inc. (NWY); CEO of Washington-Based Bank Offloads Shares; Other Insider Trading

What does the term “insider trading” mean and why do investors need to keep track of insider trading behavior? Insider trading involves the .....»»

Category: topSource: insidermonkeyJan 27th, 2017

Trader, FBI Informant, Inmate: My Involvement In The Biggest Insider-Trading Investigation In U.S. History

I went from making millions of ill-gotten dollars to being incarcerated in a federal prison. I was the key witness in the largest U.S. insider-trading investigation to date. Here's what I learned and how I'm trying to mov.....»»

Category: marketsSource: forbesJan 24th, 2017

Hedge fund manager jailed in China insider trading case

China has sentenced a former star hedge-fund manager to more than five years in prison for market manipulation, a court said, after an investigation following a stock market slump in 2015. Xu Xiang, .....»»

Category: topSource: yahooJan 23rd, 2017

Indian-American jailed for $1 mn insider trading scheme

A jury had found the real estate entrepreneur guilty of securities fraud and conspiracy.....»»

Category: topSource: business-standardJan 19th, 2017

Real estate investment scam nets Granite Bay man prison term

A Granite Bay man was sentenced to 27 months in prison and ordered to pay restitution related to a Sacramento-area real estate investment scheme. John Stuart Hill, 33, of Granite Bay, was sentenced Thursday in federal court in Sacramento by U.S. Di.....»»

Category: topSource: bizjournalsJan 5th, 2017

Former BlackRock Manager Sentenced in Insider Trading Case

The ex-manager, Mark Lyttleton, was sentenced to a year in prison after pleading guilty to two counts of insider dealing, the equivalent of insider trading in Britain......»»

Category: dealsSource: nytDec 21st, 2016

Ex-Blackrock Portfolio Manager Sentenced To 12 Months In Prison For Insider Trading

Former Blackrock star portfolio manager Mark Lyttleton, 45, has been sentenced to 12 months in prison after pleading guilty to an "elaborate web of insider trading, using offshore companies, unregistered mobi.....»»

Category: blogSource: zerohedgeDec 21st, 2016

Prosecutors: FBI agent leaked info in trading case to media

Federal prosecutors say an FBI agent has acknowledged divulging confidential information to reporters about the investigation into an alleged insider trading scheme......»»

Category: topSource: foxnewsDec 17th, 2016

Here’s What the Supreme Court Insider Trading Ruling Means for Hedge Funds

Hedge fund manager Todd Newman still shouldn't have gone to prison, SCOTUS said. The Newman precedent is no more. The Supreme Court upheld the insider trading conviction of Bassam Salman, and with it unanimously rejected a finding by an appeals court .....»»

Category: europeSource: fortuneDec 6th, 2016

Ex-Expedia IT Employee Pleads Guilty To Insider Trading

Suspect admitted to spying on Expedia executives' devices. A former Expedia computer support technician pleaded guilty on Monday to having secretly accessed senior executives’ emails in order to engage in insider trading based on confidential in.....»»

Category: europeSource: fortuneDec 5th, 2016

SEC settles insider trading charges against former Expedia employee

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active trader.....»»

Category: blogSource: theflyonthewallDec 5th, 2016

Expect Range-Bound Trading In Splunk Following Q3 Report

Barclays expects range-bound trading in Splunk Inc (NASDAQ: SPLK) as solid quarterly results were partially offset by lower-than-expected short-term deterred revenue. Solid Print Splunk had a solid Q3 print, with revenue and EPS both topping consensus es.....»»

Category: earningsSource: benzingaNov 30th, 2016