Advertisements


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

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

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

Consultant charged in scheme to trade US secrets for profit

A Washington consultant is among five people charged in an insider trading case stemming from secrets leaked from the Centers for Medicare & Medicaid Services......»»

Category: topSource: foxnewsMay 24th, 2017

Former MLB Star Doug DeCinces Faces Up to 220 Years in Prison for Insider Trading

He finished third in the MVP vote with the Califo.....»»

Category: europeSource: fortuneMay 13th, 2017

Three men in Chicago-area chiropractic group sentenced in $10.8 million insurance scam

A Chicago-area chiropractor was sentenced, alongside his brother and father, to a federal prison term in connection to a billing scheme that cheated insurance carriers out of $10.8 million. Vladimir Gordin Jr., 46, ran a chiropractic clinic in Whe.....»»

Category: topSource: bizjournalsApr 26th, 2017

How to profit from insider trading (legally)

What comes to mind when you think of the term “insider trading”? Many people think of financial crime, fraud, scandal… maybe even American home-decorating mogul Martha Stewart (indicted by a U.S. federal grand jury in .....»»

Category: blogSource: valuewalkApr 24th, 2017

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