Julian Rifat, a former trader at Moore Capital Management LLC, faces eight insider-dealing charges over trades in companies including Barclays Plc and Volkswagen AG, making him one of the most-high profile suspects to face prosecution in a U.K. investigation.
Malcolm Calvert , the ex-partner at JPMorgan Chase & Co. ’s Cazenove unit who served a third of his 21-month sentence for insider trading, dropped his appeal of the conviction and a 524,000-pound ($827,000) penalty.
Malcolm Calvert, the former partner at JPMorgan Chase & Co.’s Cazenove unit who is serving a 21-month sentence for insider trading, may have to forfeit about 1 million pounds ($1.5 million), a London court heard today.
Galleon Group LLC co-founder Raj Rajaratnam, facing insider-trading charges, asked a judge to throw out government wiretaps of 2,400 of his conversations and evidence prosecutors gathered after listening to them.
New York Attorney General Andrew Cuomo asked a judge to rule without trial that Ezra Merkin and his Gabriel Capital Corp. engaged in fraud by secretly placing client funds with swindler Bernard Madoff.
David Kirk once looked after lions and tigers at London Zoo . He’s since swapped big cats for a watchdog, and the skills he learned in the cages can be useful in his job as chief prosecutor at Britain’s financial regulator.
Two attorneys who worked at the London offices of U.S. law firms made illegal trades in NeuTec Pharma Ltd. after the company’s financial director leaked information about a proposed takeover, prosecutors told a court.