Stories Tagged as
Insider trading
$1.2 billion settlement expected in SAC Capital insider trading case
Nov 4, 2013
It will be the largest fine ever for insider trading.
SAC: 'A magnet for market cheaters'?
Jul 25, 2013
The Justice Department has charged big hedge fund SAC with insider trading.
TIMOTHY CLARY/AFP/Getty Images
Political intelligence or insider trading?
Apr 4, 2013
The Government Accountability Office is releasing a new report on the so-called 'political intelligence' industry -- a growing arm of investment research.
For one hedge fund: A heartbreaking week of staggering gossip
Mar 29, 2013
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.
Monika Graff/Getty Images
In insider trading cases, getting to the top of the food chain
by
Dan Bobkoff
Nov 29, 2012
Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will investigators implicate the hedge fund's owner?
U.S. prosecutors go after SAC hedge fund for insider trading
by
Jeff Horwich
Nov 21, 2012
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 companies behind the drug, and reap $276 million.
Why insider traders are big targets for prosecution
by
Jeff Horwich
Jul 2, 2012
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?
For public good, not for profit.
Lawsuit claims Facebook hid revenue forecast reduction
by
Scott Tong
May 23, 2012
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.
STOCK Act becomes law
Apr 4, 2012
Today President Obama will sign the STOCK Act -- short for “Stop Trading On Congressional Knowledge.” It says Capitol Hill finally has to follow the same insider trading rules as everybody else.
Congress agrees on insider trading ban... for themselves
by
Scott Tong
Mar 23, 2012
Washington leaders have passed a bill that bans members of Congress from trading stocks based on non-public information, and President Obama says he will sign it.