The U.S. Securities and Exchange Commission won an appeals court ruling that may allow it to collect illegal proceeds from money managers who engage in insider trading even when their firms got all the profit.
A former Advanced Micro Devices Inc. employee who pleaded guilty to insider-trading charges and later testified for the U.S. at trials against others said he deserves probation, citing his cooperation with the government.
Triple jumper Phillips Idowu’s participation in the London games is in doubt after Britain’s national Olympic committee said he’s yet to provide medical records explaining why he pulled out of a training camp.
Manosha Karunatilaka, a former account manager at Taiwan Semiconductor Manufacturing Co. , pleaded guilty to his role in an alleged insider-trading scheme involving expert-networking firm Primary Global Research LLC .
Six former employees and consultants at Primary Global Research LLC, a so-called expert-networking firm tied to a nationwide insider trading probe, were sued by the Securities and Exchange Commission for tipping investors including hedge funds.
James Fleishman , a former Primary Global Research LLC sales manager, was indicted on insider trading charges and also accused in a U.S. Securities and Exchange Commission lawsuit along with five other people of tipping investors including hedge funds.