Zvi Goffer, a former securities trader known as Octopussy because of his many sources of information, was sentenced to 10 years in prison on Wednesday for insider trading.
The sentencing of Raj Rajaratnam, the prominent hedge fund founder who was convicted in May in a sweeping insider trading prosecution, was postponed to October 13 from next Tuesday.
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.
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.
A former Silicon Valley sales manager was found guilty of conspiracy charges on Tuesday in connection with the U.S. government's crackdown on insider trading.
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.
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.
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.
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 .
A former account manager at a semiconductor company who pleaded guilty in the government's campaign against insider trading was sentenced to 18 months in prison on Thursday.
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.
Prosecutors asked a judge on Tuesday to imprison a Taiwan-born former technology company consultant for as long as 8 to 10 years as part of a crackdown on insider trading.
Hedge fund Diamondback Capital Management, which had been embroiled in the government's insider trading case, has agreed to pay back roughly $1 million to settle an insider trading case, according to a court filing released on Wednesday.
Hedge fund Diamondback Capital Management, which had been embroiled in the government's insider trading case, has agreed to pay back roughly $1 million to settle an insider trading case, according to a court filing released on Wednesday.
A former Moody's Investors Service analyst who bolted for India and cannot be found was ordered to pay $34.56 million in a U.S. Securities and Exchange Commission lawsuit over his alleged illegal insider trading.
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.
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.
A California man accused last week of insider trading on Disney's $4 billion purchase of Marvel is hitting back at the Securities and Exchange Commission.
A former Nasdaq OMX Group Inc executive was sentenced Friday to 3-1/2 years in prison after pleading guilty for making hundreds of thousands of dollars by trading on confidential information.
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 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.
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.