The first member of Congress to endorse Donald Trump found himself immersed in his own private-email controversy Friday as he prepares for an election-year trial on insider-trading charges.
Read morePaul B. Powers, the former associate general counsel of SeaWorld Entertainment, pleaded guilty Tuesday to making $64,645 on inside trading in company stock.
Read more
(CN) – The Second Circuit Court of Appeals affirmed a $93 million civil penalty against Galleon Group founder Raj Rajaratnam.
Read moreMost corporate executives tasked with enforcing insider-trading rules might understand to keep their own noses clean as well. But at Apple, home of the slogan “Think Different,” the official given this role now faces federal charges.
Read moreChina’s former deputy intelligence chief was sentenced Thursday to life in prison for corruption.
Read moreAfter two trials and two hung juries, federal prosecutors have agreed to dismiss insider trading and perjury charges against an Orange County, Calif., CEO accused of tipping former MLB star Doug DeCinces to the 2009 acquisition of the CEO’s medical-device company by a larger company.
Read more
Investors claim in a stockholder derivative complaint against Allegiant Travel Company that the airline dangerously prioritized profit over safety while
Read more
The Second Circuit vacated a judgment against JPMorgan Chase analyst Sean Stewart who was convicted in February 2017 of insider trading for feeding tips to his father.
Read moreA man convicted of passing along stock tips to his father won a 2-1 reversal Monday from the Second Circuit.
Read moreSetting the Republican congressman’s trial date for the year 2020, a federal judge overruled concerns Thursday about putting Representative Chris Collins on trial while he seeks re-election.
Read moreRong Chen, 50, of Rancho Palos Verdes, a high-ranking official at Hong Kong investment firms, including a bank, made $267,000 by illegally trading through his wife’s account on inside tips about Chinese companies, the SEC claims in a federal complaint.
Read moreThe SEC brought a federal complaint Wednesday against Cleveland Browns linebacker Mychal Kendricks, saying he made $1.2 million with inside tips and kicked back some of the profits to former investment banker Damilare Sonoik.
Read moreSteven Fishoff led a “serial insider-trading scheme” with his Featherwood Capital Inc. and others that made more than $5.5 million, the SEC claims in a federal complaint.
Read moreThe indictment of Rep. Chris Collins on insider trading charges is drawing new attention to the freedom members of Congress have to serve on corporate boards or to buy and sell stock in industries they’re responsible for overseeing.
Read moreNew York Republican Congressman and early Trump supporter Chris Collins was charged Wednesday with securities fraud, wire fraud and false statements.
Read moreThe SEC claims Richard T. Cunniffe, 63, of Medford, N.Y., a securities trader, made $1.1 million by trading on inside information he got from nonparties Robert K. Stewart, 63, a New York CPA; and Stewart’s son Sean R. Stewart, 33, an investment banker, in federal court.
Read moreThe Securities and Exchange Commission claims the former head of a New Jersey payment processing firm gave his girlfriend $1 million to buy company stock ahead of a merger announcement, netting the pair more than $250,000 in profits.
Read more