SEC sues hedge fund billionaire for insider trading in energy deal
The Securities and Exchange Commission (SEC) on Wednesday filed a civil suit in federal district court against Leon Cooperman , billionaire and head of major hedge fund firm Omega Advisors . Cooperman is...
Federal judge orders Congress to cooperate with insider trading probe
A judge for the US District Court for the Southern District of New York has ordered a US House of Representatives committee and a former staffer to cooperate with an insider trading investigation into a...
US Attorney for the Southern District of New York Preet Bharara on Thursday dropped a high-profile insider trading case, stating that he is moving to dismiss the charges against seven defendants. The defendants are former...
Supreme Court declines request to review insider trading case
The US Supreme Court on Monday rejected an appeal by the US Department of Justice in the case of two former hedge fund traders whose insider trading convictions were overturned...
Appeals court upholds SEC rule limiting contributions by investment managers
A three-judge panel on the Court of Appeals for the DC Circuit affirmed a lower court's decision and ruled in favor of the Securities and Exchange Commission (SEC) on Tuesday, upholding a five-year...
SEC charges former software executive with bribery violations
The US Securities and Exchange Commission on Wednesday announced that a former software executive at SAP SE (SAP) , Vincente E. Garcia, agreed to settle charges filed against him for violating the Foreign Corrupt Practices...
The US Securities and Exchange Commission (SEC) on Tuesday indicted an international web of hackers and traders who stole information from press releases prior to publication and traded on said information, making over $100 million...
Pennsylvania federal court issues indictment for insider trading
The US District Court for the Eastern District of Pennsylvania issued an indictment Thursday against real estate lawyer Herbert Sudfeld for alleged insider trading. The charges include securities fraud, three counts of making a false statement...
The US Supreme Court on Monday denied certiorari in appeal brought by Rajat Gupta, the former director of the Goldman Sachs Group Inc, for his 2012 insider trading conviction. The petition submitted...
The US Supreme Court on Monday rejected an appeal by Rajat Gupta, the former Goldman Sachs director convicted of insider trading. This rejection leaves in place a lifetime ban on serving as...
