#insider-trading

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Createsend
2 weeks ago
World news

The Morning Risk Report: British Billionaire Joe Lewis Avoids Prison in U.S. Insider-Trading Case

Joe Lewis, a British billionaire, avoids prison for insider-trading due to age and health.
Lewis pleaded guilty to tipping off individuals with confidential information but didn't profit from the scheme. [ more ]
Law
Above the Law
1 month ago
Law

Biglaw Associate's Ex-Boyfriend Sentenced For Trading On Insider Info Obtained While She Was Working From Home

Trading on insider information led to arrest and charges for Seth Markin.
Markin pleaded guilty to insider trading and was sentenced to 15 months in prison. [ more ]
Above the Law
1 month ago
Law

Morning Docket: 03.14.24

Sentencing for insider trading case involving misuse of Biglaw girlfriend's work papers: 15 months.
Epic accuses Apple of violating app store order. [ more ]
Above the Law
1 month ago
Law

Finance Docket: Is Everything Insider Trading?

Insider trading definition has evolved over time.
Authorities have broadened the scope of what constitutes insider trading. [ more ]
Dealbreaker
2 months ago
Law

Husband Who Violated Wife's Confidence, Ruined Her Life Really Hoped She Wouldn't Do The Same To Him

Employers want employees back in the office for various legitimate reasons, including avoiding potential insider trading incidents.
Tyler Loudon made a substantial profit by overhearing insider information while his wife worked from home, leading to legal consequences. [ more ]
Dealbreaker
2 months ago
Law

Material Non-Public Information About One Company Is Material Non-Public Information About All Companies

Insider trading is illegal despite lack of a specific law against it
SEC is pushing the boundaries in defining insider trading by arguing for 'shadow insider trading' [ more ]
MedCity News
3 months ago
Law

Ex-Pfizer Employee Convicted for Insider Trades Ahead of Positive Paxlovid Data

A former Pfizer employee has been convicted of insider trading after buying options in the company's stock prior to the announcement of positive Covid-19 drug data.
The employee, Amit Dagar, was a senior statistical program lead for the clinical trial of Pfizer's drug Paxlovid, which showed an 89% reduction in hospitalization or death compared to a placebo. [ more ]
moreLaw
Coindesk
1 month ago
Cryptocurrency

First Mover Americas: Bitcoin Surpasses $65K, Meme Tokens Rally

Bitcoin surged past $65,000, nearing all-time high. Meme coins outperformed, with Pepecoin rising 30%. Insider trading case involving Coinbase's former product manager in the spotlight. [ more ]
Bitcoin
1 year ago
Cryptocurrency

Former Coinbase Manager's Brother Pleads Guilty in Cryptocurrency Insider Trading Case

DOJ's First Crypto Insider Trading Case
Metro Silicon Valley | Silicon Valley's Leading Weekly
3 months ago
Silicon Valley

Lumentum

Two men involved in an insider trading scheme related to Lumentum were sentenced to jail time and ordered to forfeit their illegal profits.
The schemes involved insider trading based on confidential information about Lumentum's pending acquisitions.
The third co-defendant in the case, Amit Bhardwaj, who provided the confidential information, was previously sentenced to prison and fined. [ more ]
Above the Law
3 months ago
Law

Dating Privilege & Working From Home Doesn't Greenlight Insider Trading - Neither Should Running The Country

Insider trading has seen an increase during the COVID-19 pandemic, with people acting with more impunity in a work-from-home environment.
The increase in insider trading should not be seen as a result of proximity or happenstance, but as intentional and premeditated actions. [ more ]
Dealbreaker
9 months ago
Law

How To (Allegedly) Insider-Trade On Morgan Stanley's Intel Without Being One Of The Cool Kids

So maybe you aren't on a first-name basis with anyone at Morgan Stanley's block-trading desk.Maybe you haven't been invited into the WhatsApp chats where all the good dirt on deals get bandied about.Still, maybe you'd like to do a bit of insider-trading on some sweet, sweet material non-public shit out of the House of Gorman.
RMNB
10 months ago
Washington Capitals

Alex DeBrincat has reportedly given Ottawa Senators a list of preferred destinations as team seeks trade partner

The chance that the Ottawa Senators and forward Alex DeBrincat go their separate ways this offseason looks like it's increasing in certainty by the day.DeBrincat's restricted free agent status and the sheer confusion surrounding the team's ownership situation are the largest contributing factors.The two sides seem like they'll be heading in the direction of a mutually beneficial trade and that was buoyed by a Wednesday report from Pierre LeBrun during TSN's Insider Trading.
Lighthouse Hockey
1 year ago
New York Islanders

Islanders News: Decent results around the division

The New York Islanders had a moderately good trip out west.I hesitate to call three losses "successful," but they did squeeze a loser point out of two of those losses and came home sitting at .500 on the trip, which is what I asked of them.Sure, the trip isn't over, but they're home now.And now, .500
Pension Plan Puppets
1 year ago
Toronto Maple Leafs

Friday FTB: Borje Salming is in town

Leafs legend Börje Salming arrived in Toronto yesterday and will hopefully be honoured during both Hockey Hall of Fame games this weekend.While he cannot speak and is resigned to his wheelchair, Salming has a big family around him and what I know will be a roaring Leafs nation sending forward their love.
Pension Plan Puppets
1 year ago
Toronto Maple Leafs

Maple Leafs shuffle the roster

That makes the roster for today:
The first five players on that list are all on LTIR or IR.Which allows the Leafs to have 23 other healthy skaters.There have been reports that Timothy Liljegren will come off of LTIR to play against Boston on Saturday.When that happens, someone has to be removed from this roster, either onto IR or to the AHL.
Pension Plan Puppets
1 year ago
Toronto Maple Leafs

Gameday: Preview and Chat for Leafs at Sens

Tonight is a very preseason game in a "neutral" site (the home of the Ottawa AHL team) and with a very preseason Toronto lineup for what is nominally a road game.
SecurityWeek
11 months ago
Privacy professionals

Delaware Judge Refuses to Dismiss Facebook Shareholder Suit Over User Data Privacy Breaches

A Delaware judge on Wednesday refused to dismiss a shareholder lawsuit alleging that Facebook officers and directors violated both the law and their fiduciary duties in failing for years to protect the privacy of user data.Vice Chancellor J. Travis Laster rejected arguments that the complaint should be dismissed because the plaintiffs did not first demand that Facebook's board take legal action before filing litigation themselves.
www.nytimes.com
1 year ago
Tech industry

Ex-Coinbase Employee Pleads Guilty to Insider Trading

A former employee of the Coinbase cryptocurrency exchange pleaded guilty on Tuesday to insider trading, the first time a crypto industry insider has admitted to trying to profit from confidential information.The case has been closely watched in the crypto industry since the charges against Ishan Wahi, a former Coinbase product manager, were filed in July in federal court in the Southern District of New York.
Washington Post
1 year ago
Business

Analysis | China's Videogame Ambitions Threaten to One-Up Japan

Japan's videogame world was rocked recently by news that Yuji Naka, one of the creators of the iconic Sonic the Hedgehog series, was arrested on allegations of insider trading.The potential downfall of a storied 1990s name might have more symbolic meaning: Just as shocking for some in the industry will have been a commentary in China's People's Daily the same week, calling on the country to strengthen its strategic planning in the videogame sector.
www.npr.org
1 year ago
Law

The woman who called 911 on a Black bird watcher wasn't wrongfully fired, judge rules

Video of Amy Cooper calling the police Monday on a man has gone viral on social media.
The man says he asked Cooper to put her dog on a leash in New York's Central Park.
Washington Post
1 year ago
Business

Stephen Buyer, former GOP congressman, accused of insider trading

The Securities and Exchange Commission charged former congressman Stephen Buyer with insider trading on Monday, accusing the Indiana Republican of abusing his role as a corporate consultant to exploit nonpublic information to reap hundreds of thousands of dollars in profits.
www.npr.org
1 year ago
Law

Rep. Madison Cawthorn is under mounting pressure from scandals ahead of midterms

Rep. Madison Cawthorn, R-N.C.
Dealbreaker
1 year ago
Law

Useless COVID-19 Drug Was Allegedly Also Useless As An HIV Drug, But Very Useful As A Talking Point

A former cutting-edge biotech CEO and the person overseeing its lab have been indicted for getting a little fast-and-loose with the truth of its test results.No, not that former high-flying CEO and her ex-boyfriend chief operating officer; they've already been sentenced to a combined 24 years in prison.
Dealbreaker
1 year ago
Law

Alleged Lying, Bullying, Compliance-Ignoring And Possible Fraud No Reason For Hedge Fund Not To Invest $50 Million With Outgoing Portfolio Manager

Evolution Capital Management says the matter of portfolio manager Robert Gagliardi's tenure at the firm is fairly straightforward.He joined the hedge fund last April and did well enough in his 11 months at the firm to earn a nearly $6 million bonus.Now, short stints with employers isn't unusual for Gagliardi: Back in 2015, he spent all of two months and two days with Cheyne Capital.
Dealbreaker
1 year ago
Law

Insider-Trader Chooses Friendship Over Freedom

As we discussed back in January, it's good to have friends who know things.In particular, it's good to have friends who know material non-public things about publicly-traded companies thanks to their board member cousins and parents when you're running a hedge fund, like Kris Bortnovsky does.At least, it's good until the Feds figure the whole thing out and that friend fingers you, as Bortnovsky's, David Schottenstein, did.
Pension Plan Puppets
1 year ago
Toronto Maple Leafs

Friday FTB: Who would you kick tires on?

Happy Friday!I have Leafs news.First up, an aside in this article ...
says this:

There's also been talk the Vancouver Canucks are willing to move defenceman Tyler Myers and the Leafs have been among the teams kicking tires there.No, no, no, no, no and also, no.Go kick tires on a new dadmobile, Kyle, but not Tyler Myers.
Pension Plan Puppets
1 year ago
Toronto Maple Leafs

Muzzin out, Kral and DeKeyser in

As expected, Jake Muzzin is going to miss some time.To make room on the roster, he's on IR and Filip Král is now the seventh defender.
The Mercury News
1 year ago
San Jose Sharks

Couture, Vlasic, Bonino react to Sharks GM reportedly being open for business

SAN JOSE - It wasn't a surprise to Sharks players to hear a report that general manager Mike Grier is willing to listen to trade offers for the vast majority of players on the team."I've played for 14 years and I knew I could get traded at any point at any time in any year," forward Nick Bonino said.
Marin Independent Journal
1 year ago
San Jose Sharks

Couture, Vlasic, Bonino react to Sharks GM reportedly being open for business

SAN JOSE - It wasn't a surprise to Sharks players to hear a report that general manager Mike Grier is willing to listen to trade offers for the vast majority of players on the team."I've played for 14 years and I knew I could get traded at any point at any time in any year," forward Nick Bonino said.
Chico Enterprise-Record
1 year ago
San Jose Sharks

Couture, Vlasic, Bonino react to Sharks GM reportedly being open for business

SAN JOSE - It wasn't a surprise to Sharks players to hear a report that general manager Mike Grier is willing to listen to trade offers for the vast majority of players on the team."I've played for 14 years and I knew I could get traded at any point at any time in any year," forward Nick Bonino said.
www.mercurynews.com
1 year ago
San Jose Sharks

Couture, Vlasic, Bonino react to Sharks GM reportedly being open for business

SAN JOSE  It wasn't a surprise to Sharks players to hear a report that general manager Mike Grier is willing to listen to trade offers for the vast majority of players on the team.I've played for 14 years and I knew I could get traded at any point at any time in any year, forward Nick Bonino said.So I would hope every GM in the league listens to trade offers and tries to improve the team.
Dealbreaker
1 year ago
Law

Meet The Newest Member Of Morgan Stanley's Block-Trading Desk

It must have been a rude surprise for those manning Morgan Stanley's block-trading desk (and, of course, their customers) to learn that their conversations were being monitored, retrospectively, by the Justice Department and Securities and Exchange Commission.
Nytimes
1 year ago
US politics

Madison Cawthorn loses his re-election bid after a deluge of scandals.

Chuck Edwards, a three-term state senator and business owner, has edged out Representative Madison Cawthorn in the Republican primary for a House seat representing North Carolina's 11th District.
Pension Plan Puppets
1 year ago
Toronto Maple Leafs

CHL makes Russian and Belarusian players ineligible for this year's import draft

The Canadian Hockey League, the parent organization of the WHL, OHL and QMJHL, has decided not to allow Russian and Belarusian players into the league next season via the import draft.
The New Yorker
6 years ago
Business

What Will Be Preet Bharara's Legacy?

Preet Bharara's legacy as a successful prosecutor in insider trading and public corruption cases is preserved by the recent conviction upholding of Mathew Martoma.
Bharara's anti-corruption campaign and prosecutorial successes have left an indelible mark on Wall Street and politics, with key convictions and crackdowns on high-profile figures. [ more ]
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