Insider trading

Convicted trader Goffer handed 10-year sentence

A former securities trader was sentenced to 10 years in prison on Wednesday after being found guilty of insider trading as part of the government's campaign against financial crimes on Wall Street.

SEC probes trading before U.S. rating cut: report

Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.

SEC Probing Trades Before S&P Downgrade of U.S.: Report

Securities regulators have sent subpoenas to hedge funds and other trading firms in a probe of possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.

Lawyers sum up latest insider trading trial

The trial of a former Silicon Valley sales manager accused in the U.S. government's crackdown on insider trading closed with prosecution and defense arguing over whether he stole information about public companies and shared it illegally.

SEC alleges insider trading in Global Industries

The Securities and Exchange Commission filed an insider trading lawsuit in connection with the recent purchase of U.S. underwater oil services company Global Industries Ltd by France's Technip SA .

Sarah Palin: Glenn Rice, Cocaine, an Affair -- Can She Ever 'Refudiate' the Claims?

Finding the truth in the fast-developed Sarah Palin scandals involving claims that she A) had sex with Miami Heat star Glen Rice in the 1980s, B) snorted cocaine from a 55-gallon drum years ago while snowboarding with her husband, Todd, and friends, C) had an affair with her husband's business partner for six months, and D) smoked pot in college with a professor, is easier than it seems.

Nvidia Up on Outlook, Analysts Skeptical

Shares of Nvidia Corp jumped more than 11 percent on Wednesday, as investors bet on strong sales for the company's chips used in mobile devices like smartphones and tablets.

Bronfman steps down as Warner Music CEO

Billionaire Edgar Bronfman Jr is stepping down as chief executive of Warner Music Group Corp, the world's third-largest music company, just two months after the company was bought by Len Blavatnik's Access Industries.

Lawyer Goldfarb gets 3 years prison in insider case

A lawyer caught up in the government's massive insider trading investigation was sentenced to three years in prison on Friday after pleading guilty to participating in a scheme to trade on corporate secrets from a prominent law firm.

SEC Investigation of S&P: Could be Bad Move for Obama

The U.S. Securities and Exchange Commission (SEC ) is now looking into potential insider trading by Standard & Poor's employees before the rating agency's decision to downgrade the U.S.'s long-term debt, according to Financial Times.

SEC investigating S&P's downgrade of U.S. debt: report

The U.S. Securities and Exchange Commission (SEC) has asked rating agency Standard & Poor's (S&P) to disclose which employees knew of its decision to downgrade U.S. debt before it was announced last week, the Financial Times said, citing people familiar with the matter.

Prosecutors seek as much as 24-1/2 years for Rajaratnam

Prosecutors asked a federal judge to sentence Raj Rajaratnam to as much as 24-1/2 years in prison, calling the Galleon Group hedge fund founder arguably the most egregious violator of insider trading laws ever to be caught.

Rajaratnam seeks leniency after insider conviction

Raj Rajaratnam, the Galleon Group hedge fund founder convicted of insider trading in May, asked a federal judge to impose a sentence substantially below what U.S. guidelines recommend, saying a long prison term would be tantamount to a death sentence.

Ex-Goldman director Gupta, SEC to drop litigation

Former Goldman Sachs Group Inc director Rajat Gupta and the U.S. Securities and Exchange Commission are dropping litigation against each other stemming from the sprawling federal insider trading probe.

Expert: networking defendant challenges wiretap

A former expert-networking executive arrested as part of a government insider trading probe asked a New York judge on Monday to throw out wiretap evidence four weeks before his trial is to begin.

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