INSIDER TRADING

Revealing health details unwarranted: Rajaratnam

IBTimes Logo
Convicted hedge fund manager Raj Rajaratnam refuses to publicly reveal details of his medical ailments as demanded by U.S. prosecutors before a judge sentences him for insider trading, his lawyers said on Monday.

Mark Cuban charges versus SEC unfounded: SEC watchdog

IBTimes Logo
The U.S. Securities and Exchange Commission's inspector general has concluded that Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, was not targeted inappropriately by agency staff in its insider trading probe against him.
IBTimes Logo

U.S. seeks to make Rajaratnam's health public

Federal prosecutors demanded on Thursday that the judge who will sentence convicted Galleon Group hedge fund founder Raj Rajaratnam make documents about the former money manager's medical records public.
More news
IBTimes Logo

Convicted trader Goffer given 10-year sentence

A former securities trader known as Octopussy because of his many sources of information was sentenced to 10 years in prison on Wednesday after being found guilty of insider trading.
IBTimes Logo

Convicted trader Goffer handed 10-year sentence

A former securities trader was sentenced to 10 years in prison on Wednesday after being found guilty of insider trading as part of the government's campaign against financial crimes on Wall Street.
IBTimes Logo

SEC probes trading before U.S. rating cut: report

Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.
IBTimes Logo

SEC Probing Trades Before S&P Downgrade of U.S.: Report

Securities regulators have sent subpoenas to hedge funds and other trading firms in a probe of possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.
IBTimes Logo

Lawyers sum up latest insider trading trial

The trial of a former Silicon Valley sales manager accused in the U.S. government's crackdown on insider trading closed with prosecution and defense arguing over whether he stole information about public companies and shared it illegally.
IBTimes Logo

SEC alleges insider trading in Global Industries

The Securities and Exchange Commission filed an insider trading lawsuit in connection with the recent purchase of U.S. underwater oil services company Global Industries Ltd by France's Technip SA .
IBTimes Logo

Sarah Palin: Glenn Rice, Cocaine, an Affair -- Can She Ever 'Refudiate' the Claims?

Finding the truth in the fast-developed Sarah Palin scandals involving claims that she A) had sex with Miami Heat star Glen Rice in the 1980s, B) snorted cocaine from a 55-gallon drum years ago while snowboarding with her husband, Todd, and friends, C) had an affair with her husband's business partner for six months, and D) smoked pot in college with a professor, is easier than it seems.
IBTimes Logo

Bronfman steps down as Warner Music CEO

Billionaire Edgar Bronfman Jr is stepping down as chief executive of Warner Music Group Corp, the world's third-largest music company, just two months after the company was bought by Len Blavatnik's Access Industries.
IBTimes Logo

Lawyer Goldfarb gets 3 years prison in insider case

A lawyer caught up in the government's massive insider trading investigation was sentenced to three years in prison on Friday after pleading guilty to participating in a scheme to trade on corporate secrets from a prominent law firm.
Rating the Rating.

SEC Investigation of S&P: Could be Bad Move for Obama

The U.S. Securities and Exchange Commission (SEC ) is now looking into potential insider trading by Standard & Poor's employees before the rating agency's decision to downgrade the U.S.'s long-term debt, according to Financial Times.
The Standard and Poor's building is seen in New York

SEC investigating S&P's downgrade of U.S. debt: report

The U.S. Securities and Exchange Commission (SEC) has asked rating agency Standard & Poor's (S&P) to disclose which employees knew of its decision to downgrade U.S. debt before it was announced last week, the Financial Times said, citing people familiar with the matter.
IBTimes Logo

Prosecutors seek as much as 24-1/2 years for Rajaratnam

Prosecutors asked a federal judge to sentence Raj Rajaratnam to as much as 24-1/2 years in prison, calling the Galleon Group hedge fund founder arguably the most egregious violator of insider trading laws ever to be caught.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.