Insider trading

Tekelec Shares Jump Above Buyout Price

The Siris Capital-led private equity takeover of network technology provider Tekelec could attract other suitors, as the $780 million deal potentially undervalues the company's new router product line.

Ex-Goldman director Gupta arrested in Galleon case

Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was arrested on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a U.S. crackdown on insider trading.

Ex-Goldman Director Gupta Charged with Insider Trading

Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad U.S. crackdown on illegal leaks of corporate secrets.

SAC trades reviewed, regulators may face tough road

A laundry list of referrals about trading at SAC Capital have shed new light on the firm's opportunistic bets but also illustrate why regulators are having a tough time making allegations of insider trading stick against one of the world's biggest hedge funds.

Rajaratnam says U.S. pushed to turn on friend: report

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs Group Inc director Rajat Gupta, Newsweek Daily Beast reported.

Rajaratnam: U.S. Pushed to Turn on Friend: report

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.

Rajaratnam: U.S. pushed to turn on friend: report

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.

Rajaratnam says pressured to turn on friend: report

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.

Hedge fund SAC Capital faces SEC probe: report

The Securities and Exchange Commission is examining whether hedge fund SAC Capital Advisors used insider information to profit from Johnson & Johnson's takeover of Cougar Biotechnology Inc in 2009, the Wall Street Journal said, citing people familiar with the matter.

Rajaratnam gets lower-than-expected 11-year sentence

Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case but far less than prosecutors sought.

Rajaratnam sentenced to 11 years in prison

Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case.

Revealing health details unwarranted: Rajaratnam

Convicted hedge fund manager Raj Rajaratnam refuses to publicly reveal details of his medical ailments as demanded by U.S. prosecutors before a judge sentences him for insider trading, his lawyers said on Monday.

Mark Cuban charges versus SEC unfounded: SEC watchdog

The U.S. Securities and Exchange Commission's inspector general has concluded that Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, was not targeted inappropriately by agency staff in its insider trading probe against him.

U.S. seeks to make Rajaratnam's health public

Federal prosecutors demanded on Thursday that the judge who will sentence convicted Galleon Group hedge fund founder Raj Rajaratnam make documents about the former money manager's medical records public.

Maryland man pleads guilty over child pornography

The son of a U.S. government chemist charged in an insider trading case pleaded guilty on Thursday to an unrelated charge of possessing several child pornography that included hundreds of graphic sexual images.

Insiders handed four- and 10-year prison terms

Two people who lost their insider trading trials earlier this year were sentenced on Wednesday to 10 and four years in prison, as the government continues its crack down on illegal trades.

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