Man Pleads Not Guilty In Shooting Death Of Hedge Fund Founder FatherIn the hours after his arrest, a man accused of killing his hedge fund founder father over a cut in his allowance talked to police about his diet and exercise regimen.
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.
Stony Brook University Gets $150 Million GiftHedge fund giant James Simons and his wife Marilyn are donating $150 million - the school's largest gift since the couple donated $60 million in 2008.
Bail Hearing For Hedge Fund Founder Raj RajaratnamThe three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan did not indicate at Wednesday's hearing which way it was leaning in the question over Raj Rajaratnam's freedom.
Raj Rajaratnam Sentenced To 11 Years For Insider TradingThe Galleon Group founder also was fined $10 million. U.S. District Judge Richard J. Holwell announced the sentence after concluding that Rajaratnam made well over $50 million in profits from his illegal trades.
Sentencing Set For Raj Rajaratnam, Hedge Fund Founder Convicted Of Insider TradingIf federal prosecutors have their way, Rajaratnam will get between 19 1/2 and 24 1/2 years in prison for what they say were more than $72 million in profits for himself and his Galleon Group of hedge funds.
Danielle Chiesi Sentenced To Prison In Insider Trading CaseJudge Richard Holwell said he wanted to send a warning to Wall Street; but he still gave Chiesi less than the 3 to 4 years that prosecutors had sought.
SEC Reaches Settlement With Insider Trading Convict Danielle Chiesi Hedge fund manager Danielle Chiesi will be sentenced next week after pleading guilty in what prosecutors have said was the biggest hedge fund insider trading probe in history.
Jury Convicts 3 Wall Street Traders In Hedge Fund TrialThree stock traders have been convicted in the second federal trial stemming from a massive probe of insider trading at hedge funds.
Insider Trading Probe Yields Guilty Plea In NYCDon Chu entered the plea in federal court in Manhattan. He is among 13 people charged so far in a probe of those in the securities industry who give out inside information instead of legitimate research.
Closing Arguments Start In NYC Insider Trading TrialThe arguments were expected to last all day Wednesday. They'll include the replaying of some of the hundreds of taped phone conversations made by the government.
Wiretaps Vital In Rajaratnam Insider Trading ConvictionThe jury that returned a guilty verdict to all charges against a one-time billionaire hedge fund founder proved to have a voracious appetite for the audiotapes of him talking to fellow traders and friends at public companies about stocks he wanted to trade.
Raj Rajaratnam Convicted In Hedge Fund Insider Trading CaseA former Wall Street titan was convicted Wednesday of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks.
Jury Goes Home For Weekend In Hedge Fund Insider Trading Case Against Raj RajaratnamThe judge let jurors leave early on Friday. It was their fifth day of weighing the fate of the hedge fund manager.