Galleon Group hedge fund founder Raj Rajaratnam is making an all-out legal assault to get the first wiretaps used in a widespread probe of insider trading on Wall Street thrown out, but legal experts doubt the defendant will succeed.
Former IBM Corp executive Robert Moffat, who admitted to charges of insider trading in the Galleon hedge fund probe, told Fortune magazine that his affair with co-defendant Danielle Chiesi was more about business than sex.
The U.S. Securities and Exchange Commission on Tuesday agreed to pay $755,000 to a former staff attorney who was fired while he was probing possible insider trading at a prominent hedge fund.
A Walt Disney Co employee and her boyfriend have been charged with a brazen insider trading scheme in which they said the media conglomerate was in advanced talks to sell its ABC TV network.
A Walt Disney Co employee and her boyfriend have been charged with an insider trading scheme in which they said Disney was in advanced talks to sell its ABC network -- a claim that Disney said was false.
A Walt Disney Co employee and her boyfriend have been charged with trying to sell insider information to over 30 hedge funds, including a tip Disney was in advanced talks to sell its struggling ABC television network -- which Disney said was false.
A Walt Disney Co employee and her boyfriend have been charged with trying to sell insider information to over 30 hedge funds, including a tip that the media and consumer giant was in advanced talks to sell its struggling ABC TV network.
A retired Croatian seamstress has won a court victory against the U.S. Securities and Exchange Commission in an improbable case implicating her in an insider-trading ring.
Lawyers for Goldman Sachs Group Inc have been served a subpoena to testify or provide information in a closely watched case of illegal insider trading allegations, according to a court document made public on Monday.
Goldman Sachs Group Inc, in a rare move, disclosed information about the many lawsuits and shareholder challenges facing the bank.
(Corrects fourth paragraph to show that the subpoena was revealed in a court document made public on Monday. The subpoena was not received on Monday.)
Lawyers for Goldman Sachs Group Inc have been served a subpoena to testify or provide information in a closely watched case of illegal insider trading allegations, according to a court document made public on Monday.
U.S. stock index futures rose on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.
Prosecutors are examining whether Goldman Sachs Group director Rajat Gupta gave inside information about the Wall Street bank to Galleon Group hedge fund founder Raj Rajaratnam, the Wall Street Journal said on Thursday, citing people close to the situation.
Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren't exactly hiding, either. But the former Greenwich, Connecticut, residents owe U.S. regulators nearly a half-million dollars in fines and restitution for their part in a five-year-old penny stock manipulation ...
U.S. prosecutors on Friday opposed a request by accused Galleon fund founder Raj Rajaratnam and his main co-defendant for separate trials in what prosecutors have described as the biggest hedge fund insider-trading case ever in the United States.
A Ukrainian national who traded on insider information he obtained by hacking into a secure computer network was ordered by a U.S. judge to forfeit $580,000 in profits, interest and civil penalties, U.S. securities regulators said on Monday.
Robert Moffat, a former senior executive of International Business Machines Corp whose phone conversations were recorded by the FBI in the Galleon hedge fund insider trading probe, pleaded guilty on Monday to securities fraud and conspiracy charges.
A former Atheros Communications Inc executive pleaded guilty on Wednesday to conspiracy and fraud charges in the Galleon hedge fund insider trading case.
An office building that sits atop an upscale shopping mall in downtown Philadelphia is not the sort of place that would ordinarily strike fear into the hearts of bad guys on Wall Street.
(Corrects spelling of Sanjay Wadhwa in line 108)
Prosecutors argued on Tuesday that Galleon hedge fund founder Raj Rajaratnam, indicted on fraud charges in a sprawling insider trading probe, would have an unfair advantage if a civil trial by market regulators went ahead before a criminal trial.
