What do a $155 million Picasso, a $60 million Hamptons home, a $600 million fine and a trader in handcuffs have in common? The answer: a tumultuous week for high-profile hedge-fund titan Stephen A. Cohen.
U.S. prosecutors have filed their biggest-ever case of insider trading. The allegation: SAC Capital Advisors, a hedge fund, got early warning about the failure of an Alzheimer's drug in clinical trials. That info let the fund sell its holdings in…
The brother of Bernie Madoff pleaded guilty on Friday and he's looking at 10 years in prison. But why are there so many insider trading prosecutions, but hardly any other prosecutions of the big fish on Wall Street?
The shareholder lawsuit against Facebook and its banking partners argues they made a "severe and pronounced reduction" to the company's revenue projects days before the initial offering but hid it from the public.
Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
Republicans in the House of Representatives have introduced their version of an anti-insider trading bill. The version that passed the Senate had provisions that focused specifically on those who traffic in 'political intelligence.'