9 Accused Of Making $30 Million Using Hacked Press ReleasesFederal prosecutors say Ukrainian hackers worked with securities traders to make $30 million by breaking into the computer systems of companies that publish news releases about mergers and acquisitions.
Mathew Martoma Sentenced To 9 Years For Insider Trading A former portfolio manager convicted of helping his firm earn more than a quarter-billion dollars illegally through insider trading has been sentenced in New York to nine years in prison.
NY Investor Firm Exec, Michael Lucarelli, Charged With Insider TradingMichael Lucarelli was a director at Manhattan-based Lippert/Heilshorn & Associates Inc. when he made the illegal trades over the last year, prosecutors said as they announced 13 securities fraud charges.
Hall Of Fame Golfer Phil Mickelson Says He Is Cooperating In Insider Trading InvestigationMickelson's manager confirmed Saturday that the investigation was the same outlined in reports in several newspapers, including the Wall Street Journal.
Stamford Hedge Fund Sentenced For Insider Trading To Pay Largest Ever Criminal FineU.S. District Judge Laura Taylor Swain formally administered the sentence on SAC Capital LP and three related entities under a $1.8 billion deal.
Second Portfolio Manager From Stamford-Based Hedge Fund Convicted Of Insider TraderWhen prosecutors announced the case against Mathew Martoma in November 2012, they said it may be the most lucrative insider trading scheme of all time.
Judge: Hedge Fund Manager's Fainting Spell Can't Be Used As EvidenceA jury will not hear about how a former hedge fund manager fainted in front of his Florida mansion when federal agents showed up to talk about his alleged involvement in insider trading.
Former Hedge Fund Manager Faints Just Before Guilty Verdict ReadJust as the Manhattan jury handed its verdict sheet to the judge Wednesday, the former hedge fund manager fainted on the defense table.
Hedge Fund SAC Capital Admits To Insider TradingOne of the world’s most powerful hedge funds pleaded guilty this week to insider trading charges.
Feds File Insider-Trading Charges Against Hedge Fund SAC CapitalFederal authorities in New York City announced the criminal charges against SAC Capital Advisors on Thursday. SAC is charged with wire fraud and four counts of securities fraud, but owner Steven Cohen is not charged.
Judge Spares Prison Sentence For Insider Trading DefendantNew York U.S. District Judge Sidney Stein came to court Wednesday determined to send a Massachusetts cooperator to prison for his inside trading conviction.
Former Goldman Sachs Executive Sentenced For Insider TradingA former Goldman Sachs and Procter & Gamble Co. board member convicted of insider trading has been sentenced to two years in prison.