Arrested in California before being charged in New York, a Goldman Sachs vice president faces civil and criminal accusations that he had a dirty dozen of companies whose nonpublic information he traded.
Read moreBovorn Rungruangnavarat, of Bangkok, and his brother made $3.8 million trading on inside information from an investment banker that Smithfield Foods was about to be purchased by Shuanghui Holding International at 31 percent over market prices, the SEC claims in a federal complaint.
Read moreA federal grand jury on Wednesday indicted a former Equifax executive on charges of insider trading stemming from his sale of nearly $1 million in shares before the company’s massive data breach was revealed to the public.
Read moreFederal prosecutors in Orange County, Calif., told a judge Tuesday that they want to put a CEO on trial a third time on charges he passed insider stock tips to former baseball star Doug DeCinces.
Read moreA federal judge declared a mistrial Wednesday after the jury deadlocked on whether a Southern California CEO gave insider trading tips about his company’s merger to retired Major League third baseman Doug DeCinces.
Read moreThe defense attorney for a Southern California CEO accused of insider trading told a federal jury Wednesday that the prosecution’s theory of the case makes no sense — and the prosecutor responded that the defense explanation is ridiculous.
Read moreA federal prosecutor told jurors Tuesday that a CEO charged with insider trading lied when he denied tipping former Orioles third-baseman Doug DeCinces to confidential information that his company, Advanced Medical Optics, would soon be acquired for a high price.
Read moreThe Ninth Circuit affirmed denial of summary judgment Wednesday to First Solar Inc. and its directors, whom shareholders accused of insider trading to reap hundreds of millions of dollars before the share price took a nosedive when defects in the company’s solar panels were disclosed.
Read moreConvicted of insider trading last year, baseball star Doug DeCinces on Thursday acknowledged that by not coming clean earlier he allowed a close friend to be wrongfully convicted and left three more friends to face federal charges he could have prevented.
Read moreFormer baseball star Doug DeCinces admitted to a federal jury Wednesday that he bought thousands of shares of a medical device company based on confidential information from its CEO that the company was about to be acquired for more than twice the price its shares were bringing.
Read moreEight months ago, a federal jury convicted former Orioles and Angels third baseman Doug DeCinces of insider trading, but deadlocked on whether former CEO James Mazzo fed him the information on which he traded. On Wednesday Mazzo went to trial again, and DeCinces is lined up to testify against him.
Read moreEquifax’s board said Friday that four executives’ stock sales that occurred in the weeks after the company suffered a historic data breach, but before that breach was made public knowledge, did not constitute insider trading.
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The Second Circuit booted a lawsuit Tuesday by the owner of a Wall Street hedge fund whose billion-dollar business was bankrupted by a government crackdown on insider trading.
Read moreThe CEO of Alliance Fiber Optic Products made $2.1 million from inside trading, and $600,000 of that went to his brother, the SEC claims in a federal complaint.
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Cementing the legacy of a former U.S. attorney who crusaded against insider trading, the Second Circuit closed the book Wednesday on convicted SAC Capital executive Mathew Martoma.
Read moreA tech worker at a “large multinational bank,” led a two-year, $5 million inside-trading scheme, the SEC says in a federal complaint.
Read moreA California man fined $16 million by the Securities and Exchange Commission for his role in an insider-trading scheme involving Ross Stores stock was arrested Wednesday after a grand jury indicted him on conspiracy and securities fraud charges, the Justice Department said.
Read morePartners at the multibillion-dollar hedge fund Deerfield Management made millions trading on inside tips from their political intelligence firm and a source in government, according to an indictment unsealed Wednesday.
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A federal jury convicted former Orioles and Angels third baseman Doug DeCinces of 14 counts of insider trading Friday for raking in a $1.3-million profit based on illegal tips.
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