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.
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.
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.
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.
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.
Raj Rajaratnam, the Galleon Group hedge fund founder convicted of insider trading in May, asked a federal judge to impose a sentence substantially below what U.S. guidelines recommend, saying a long prison term would be tantamount to a death sentence.
Former Goldman Sachs Group Inc director Rajat Gupta and the U.S. Securities and Exchange Commission are dropping litigation against each other stemming from the sprawling federal insider trading probe.
Rajat Gupta, the former Goldman Sachs Group Inc. director, can proceed with a suit claiming the U.S. Securities and Exchange Commission violated his rights when it filed an administrative action accusing him of passing illegal stock tips and thereby denying him a jury trial, reports say.
Convicted Galleon hedge fund founder Raj Rajaratnam will be sentenced on September 27, a federal judge ordered on Thursday, postponing the proceeding from July 29 in the biggest insider trading case of a generation.
Arthur Cutillo, a former lawyer with the well-known Ropes & Gray law firm who admitted leaking corporate secrets in exchange for $32,500 in cash, was sentenced on Thursday to 2-1/2 years in prison for his part in a sweeping insider trading case.
About eight people besides a Taiwan-born technology consultant who is on trial for insider trading provided stock tips to Barai Capital Management, a former employee of the hedge fund testified on Tuesday.
Three former securities traders were convicted on Monday on all counts of fraud and conspiracy to commit insider trading on pending mergers, in another victory for prosecutors in their probe of suspicious trading on Wall Street.
Three former securities traders were found guilty on Monday of fraud and conspiracy to commit insider trading on pending mergers, part of the U.S. government's broad probe of corporate secrets leaked to hedge funds.
A former employee of a so-called expert network firm is expected to plead guilty to charges of conspiring with others to leak corporate secrets to hedge funds in exchange for money, part of a broad U.S. crackdown on insider trading.
A Goldman Sachs Group Inc shareholder sued Rajat Gupta, a former director of the investment bank, on Monday over trades revealed at the criminal insider trading trial of Galleon hedge fund founder Raj Rajaratnam.
A Goldman Sachs Group Inc shareholder sued Rajat Gupta, a former director of the investment bank, over trades revealed in civil and criminal insider trading cases against Gupta and convicted Galleon hedge fund founder Raj Rajaratnam.
Lawyers for hedge fund tycoon Raj Rajaratnam asked a judge on Wednesday to throw out the Galleon Group founder's conviction on insider trading charges.
A powerful Republican lawmaker is investigating possible insider trading at SAC Capital Advisors LLP, highlighting increased public scrutiny of potential wrongdoing by hedge funds.
Senate Judiciary Committee head Charles Grassley is investigating possible insider trading at SAC Capital Advisors LLP, highlighting increased public scrutiny of potential wrongdoing by hedge funds.
SAC Capital Advisors LLP is under investigation by a powerful U.S. Republican Senator for 20 possible instances of insider trading, the Wall Street Journal reported on Saturday, citing unnamed sources familiar with the situation.
A former Galleon hedge fund trader on trial for insider trading waded into the river of gossip of Wall Street for tips and speculation, not secrets leaked by corporate lawyers as the government charges, his lawyer told a jury on Wednesday.
