Insider traders may have taken the greed-is-good mantra to heart, but it's not the only thing that motivates them.
A former chief executive of Advanced Micro Devices became the biggest name to be linked to the Galleon Group insider-trading scandal, when the Wall Street Journal reported on Tuesday that he leaked information about the microprocessor maker in 2008 to a hedge fund manager.
Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of the probe into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter.
Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of Steven A. Cohen's SAC Capital Advisors, a sign that the scope of the problem into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter.
An informant in the Galleon Group insider trading scandal had a history of sending tips to the firm, according to a court document that surfaced on Friday.
Intel Corp assured Clearwire Corp it is closely guarding its investment information on the wireless-broadband company after an insider-trading scandal surfaced last week, the Wall Street Journal reported, citing Clearwire chief executive Bill Morrow.
Intel Corp assured Clearwire Corp it is closely guarding its investment information on the wireless-broadband company after an insider-trading scandal surfaced last week, the Wall Street Journal reported, citing Clearwire chief executive Bill Morrow.
The managers of Galleon's $500 million Asia fund are exploring a possible buyout of the unit, sources told Reuters on Thursday, as the Singapore-based traders strive to keep investors on board after redemption requests.
Google Inc has suspended the services of investor relations firm Market Street Partners -- the tiny firm federal investigators said tipped off hedge fund traders on Google's 2007 earnings.
The Galleon Group, caught up in the largest-ever hedge fund insider-trading scandal, is liquidating its funds even as investors enjoy one of the firm's best years.
Galleon Group, whose founder has been charged with masterminding the biggest-ever insider-trading scheme involving hedge funds, is shutting down.
Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with running one of the biggest insider-trading schemes ever involving a hedge fund.
Hedge fund firm Galleon Group said it is winding down its funds, less than a week after its founder was arrested and charged with running one of the biggest insider-trading schemes ever involving a hedge fund.
Dozens of employees at Galleon Group are hunting for new jobs as investors debate how to react after the hedge fund's founder was arrested and charged with running one of the biggest insider trading schemes.
Fresh from laying charges in the largest hedge fund insider trading case in history, U.S. federal investigators are poised to bring further significant cases.
In the office of Wall Street's top cop hang a courtroom sketch and a framed newspaper article from his biggest case, when he sent the villain away for life.
* U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, after strong quarterly results from bellwethers Apple (AAPL.O) and Texas Instruments (TXN.N) pleased investors.
U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, after strong quarterly results from bellwethers Apple and Texas Instruments pleased investors.
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
U.S. financial regulators and federal prosecutors unveiled their biggest-ever insider case involving a hedge fund last week and similar cases may be announced in coming months, sources said on Monday.
IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.
A Sri Lankan-born billionaire's arrest in the largest U.S. hedge fund insider trading case triggered new scrutiny on Monday in his native country over the possibility his money found its way to the Tamil Tiger rebels.