Steven A. Cohen, whose hedge fund firm SAC Capital Advisors has drawn scrutiny in a federal insider trading probe, may be facing a more pressing problem: diminishing returns.
The U.S. Securities and Exchange Commission said on Thursday it has charged six former consultants and employees of California expert network firm Primary Global Research with insider trading.
The founder of U.S. hedge fund firm Barai Capital Management has been drawn into the government's insider trading probe that involves expert network firms, the Wall Street Journal said, citing people familiar with the matter.
Two former Galleon Group portfolio managers admitted to charges of insider trading on confidential company information, strengthening the government's case against Galleon hedge fund founder Raj Rajaratnam a month before his trial
A Morgan Stanley banker named Kamal Ahmed is under investigation by U.S. authorities for leaking information regarding an upcoming takeover that ultimately was passed on to Galleon Group founder Raj Rajaratnam, the Wall Street Journal said, citing people close to the situation.
Washington Mutual Inc could be out of bankruptcy in March after reworking its recently rejected plan of reorganization, the attorney overseeing the company's bankruptcy said on Tuesday.
Two former executives of Iceland's failed Landsbanki bank have been arrested on charges of market manipulation.
A former technology analyst with Primary Global Research pleaded guilty on Tuesday to leaking confidential company information to hedge funds, part of the U.S. government's broad insider trading probe.
The Securities and Exchange Commission brought civil insider trading charges against the co-founder of a one-time $900 million hedge fund as part of the ongoing Galleon hedge fund probe.
Three people who were arrested by the federal agents last month in an operation seen as part of a widening probe into insider trading were granted bail on Tuesday.
Three men accused of being part of an insider trading conspiracy to leak technology company secrets to hedge funds were allowed to remain free on bail on Tuesday.
A California woman has been arrested on charges of leaking secrets about technology companies to hedge funds, as federal prosecutors expand their probe into insider trading.
Some of the murky details surrounding Mark Hurd's abrupt exit from Hewlett-Packard Co last summer may be about to clear up, with federal regulators on the scent.
Four people, including an executive from an expert networking firm, have been arrested by the Federal Bureau of Investigation (FBI) agents in an operation seen as part of a widening probe into insider trading.
The Securities and Exchange Commission is investigating claims that former Hewlett Packard CEO Mark Hurd shared inside information about the company's then-pending acquisition of EDS Corp, the Wall Street Journal reported on Monday.
A key cooperating witness in the U.S. government's probe of insider trading was a technology analyst named Karl Motey who made dozens of calls to gather evidence for the government, the Wall Street Journal reported on Monday, citing a person familiar with the case.
Four men were arrested for taking part in an insider trading scheme in which details of Apple's iPhone and iPad were leaked to hedge fund managers.
U.S. authorities could announce a series of arrests in the next phase of a long-running insider trading investigation as early as next week, CNBC said in a report on Friday.
The Securities and Exchange Commission charged a Maryland business consultant and his uncle with insider trading, saying they used codes from the 1987 movie Wall Street to try to hide their scheme.
Stock index futures were mixed on Wednesday, pressured by rising bond yields and a stronger dollar.
Federal authorities have expanded an investigation into insider trading on Wall Street, bringing to more than one dozen the number of subpoenas sent to hedge funds and other investment firms over the past two weeks, people familiar with the inquiry said.
John Kinnucan, the owner of an independent research firm that has been implicated in a major insider trading investigation, said he received a subpoena on Friday morning to provide federal prosecutors with documents dating back to January 2008.
